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Qatar Airways signs LoI for five 777 Freighters

Posted 10 April 2018 · Add Comment

Qatar Airways today signed a Letter of Intent (LoI) with Boeing, to purchase five 777 Freighters, valued at $1.7 billion at list prices.

Above: The signing ceremony on 10th April 2018.
Copyright Qatar Airways All rights reserved

The Letter of Intent was signed during a ceremony attended by Qatari Minister of Finance and Qatar Airways Chairman His Excellency Mr Ali Sharif Al Emadi, Qatar Airways Group Chief Executive His Excellency Mr Akbar Al Baker and Boeing Commercial Airplanes President & CEO Kevin McAllister.

“The addition of five 777 Freighters is a significant moment for our cargo division,” said His Excellency Mr. Al Baker. “As the world’s third-largest cargo operator, Qatar Airways continues to invest in fleet expansion. This transaction will be a reinforcement of our confidence in Boeing to continue to deliver an outstanding product that meets our exacting standards. We expect no less than perfection, and we are confident that Boeing will continue to deliver that.”

Qatar Airways currently operates a fleet of nearly 100 Boeing widebody airplanes and has about 100 more Boeing airplanes on order.

“We are proud of our long-standing partnership with Qatar Airways and we deeply appreciate their business and the positive impact on Boeing, our employees, suppliers and communities,” said McAllister. “We are honoured that one of the world’s leading international cargo carriers recognises the unmatched capabilities of the 777 Freighter and wants to buy more to lift their growing freight operations."


Copyright Qatar Airways All rights reserved

The 777 Freighter is capable of flying 4,900 nautical miles (9,070 kilometres) with a payload of 112 tons (102 metric tonnes or 102,000 kg).

Boeing provides 90% of the dedicated freighter capacity around the world.

 

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