The order, which Boeing Commercial Airplanes values at more than $1.1 billion at current list prices, was first announced as an upcoming deal on January 8.

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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.

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The Baku, Azerbaijan-based carrier’s first Boeing 747-8F was delivered last week and the second aircraft was delivered on August 28.

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Silk Way Airlines, a cargo carrier based in Baku in Azerbaijan, has announced an order for two Boeing 747-8 Freighters. Boeing values the airline’s order for the two widebody freighters at $704 million at current list prices.

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