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BOEING anticipates new orders for 777 Freighters because of a surging air cargo market, reports Seattle's Puget Sound Business Journal.

"You're going to see more 777 Freighters orders this year as that market continues to improve," said Boeing vice president Randy Tinseth.

"There's a lot of freighters in the pipeline and I'm confident that a lot of them will come home," he said at the annual International Society of Transport Aircraft Trading conference in San Diego.

Boeing makes the 777 Freighter in Everett. The widebody aircraft has a list price of US$339.2 million.

Nonetheless, Boeing has not yet reported an order for a 777 Freighter this year, and has only disclosed deals for the month of January. Boeing has 30 undelivered orders for 777 Freighters.

The International Air Transport Association (IATA) said in late January that global air freight markets grew nine per cent in 2017, more than double the increase in 2016.

Last month, United Parcel Service (UPS) ordered 14 Boeing 747-8F cargo jets and four Boeing 767 freighters, saying it needs the 18 new aircraft to boost its air cargo capacity as global demand surged.

In January, Boeing disclosed an order for three 777 freighters from Turkish Airlines. Worth $977.1 million at list prices, the order came weeks after the carrier took delivery of two 777 cargo jets.

  • 2018-03-09