Azerbaijan-based cargo carrier Silk Way West Airlines and Boeing have announced that the two companies are finalizing terms and working toward a purchase agreement to be placed by Silk Way West for three Boeing 747-8 Freighters.
According to Boeing Commercial Airplanes, Silk Way West’s new order will be valued at more than $1.1 billion at current list prices when it is finalized.
It will add to a previous order for two Boeing 747-8 Freighter aircraft placed by the carrier, which took delivery of both of the aircraft last August and has them in commercial service.
The order will be posted on Boeing’s Orders & Deliveries website once all contingencies are cleared, the manufacturer says.
Silk Way West Airlines is a company within the Silk Way Group, which includes 23 companies working in the aviation industry and related services.
The airline currently operates seven Boeing jets, including two 767-300 Freighters (delivered new from Boeing in 2012); three 747-400 Freighters (acquired from Cargolux); and the two 747-8 Freighters it received new last summer from Boeing.
Silk Way West Airlines also operates three Antonov An-12 turboprop freighters and seven Ilyushin Il-76MF jet freighters.
According to the manufacturer, the 747-8 Freighter offers 16 per cent more revenue cargo volume than the Boeing 747-400F, while retaining its famous nose door.