Thursday, August 11, 2011

More Freighter Orders For Boeing Cargo Carrier

Cathay Spend a Cool $3 Billion
Shipping News Feature

US – HONG KONG – WORLDWIDE - Cathay Pacific announced this week it is to take delivery of a further eight Boeing 777 Freighters and four 777-300ER (extended range) airplanes. This $3.3 billon order will bring the airline’s Boeing 777-300ER fleet to 50 and means Boeing have now sold the new freight carrier to fifteen separate customers worldwide. The 777 Freighter will position Cathay Pacific Airways to take advantage of the high air cargo traffic growth projected for Hong Kong and the Asia Pacific region.

The airplane is the world's longest range twin-engine freighter. Providing cargo capacity normally associated with larger airplanes, the 777 freighter can fly 4,900 nautical miles (9,070 kilometres) with a full payload of 225,200 pounds (102 metric tons). Including this order, Cathay Pacific has thirty six 777’s in backlog, and already operates thirty five 777’s direct from Boeing.  On placing the order John Slosar, Cathay Pacific Chief Executive said:

"We are very pleased to announce this latest Boeing order, which highlights our commitment to operating a modern and efficient fleet together with a deep commitment to our home city, Hong Kong. The Boeing 777-300ER is a superb aircraft that has already given a significant boost to our long-haul passenger operations, while the Boeing 777 Freighter will improve our freighter operations by delivering improved payload range capability at competitive operating costs."

Marlin Dailey, vice president of Sales & Marketing, Boeing Commercial Airplanes added:

"We thank Cathay Pacific for its continued confidence in the 777-300ER and for its selection of the 777 Freighter. We look forward to working with Cathay to introduce the 777 Freighter into its cargo operations, and are grateful for the opportunity to partner with Cathay as it continues to build upon its success as a global long-haul carrier."