Qatar orders Boeing four 777 Frieghters

Boeing and Qatar Airways have finalized an order for four 777 Freighters, valued at $1.24 billion along with purchase rights for four add...

Boeing and Qatar Airways have finalized an order for four 777 Freighters, valued at $1.24 billion along with purchase rights for four additional airplanes, which when exercised will bring the combined value to $2.46 billion.

Qatar Airways first announced intent to order the four 777 Freighters at the 2014 Farnborough Airshow.
Qatar Airways currently operates a fleet of 37 Boeing 777-300ERs (Extended Range) and 777-200LRs (Longer Range), in addition to seven 777 Freighters.

The 777 Freighter is capable of flying 4,900 nautical miles (9,070 kilometers) with a full payload and general cargo market densities, making it the world's longest-range twin-engine freighter. The airplane's range capability translates into significant savings for cargo operators: fewer stops and associated landing fees, less congestion at transfer hubs, lower cargo handling costs and shorter cargo delivery times.
Boeing is the air cargo market leader, providing over 90 percent of the total worldwide dedicated freighter capacity.
Global air freight traffic is forecast to grow at an annual rate of 4.7 percent, doubling the cargo traffic over the next 20 years, according to the Boeing World Air Cargo Forecast released in October.