Boeing and Taiwanese EVA Air have finalized an order for five 777 Freighters, valued at more than $1.5 billion at list prices. Boeing ...
Boeing and Taiwanese EVA Air have finalized an order for five 777 Freighters, valued at more than $1.5 billion at list prices.
Boeing first announced EVA Air's intent to order the five 777 Freighters at the 2015 Paris Air Show last month.
EVA Air plans to use the new freighters to bolster its fleet on trans-Pacific and Asian routes in an effort to meet growing demand in the air cargo market, and will represent the first 777 Freighters to join its's fleet, and the first to be delivered to a Taiwanese airline.
EVA Air currently operates more than 35 Boeing airplanes, including 20 777-300ERs. With 13 additional 777-300ERs on order – both direct purchased and leased – EVA will become one of the largest 777 operators in the world. The carrier plans to grow its operational twin-aisle fleet to more than 60 airplanes by the end of 2025.
"We are pleased to be the first airline in Taiwan to introduce Boeing 777 freighters," EVA President Austin Cheng said in his remarks. "EVA participated in development of the Boeing 777-300ER and became a launch customer. We now fly 21 Boeing 777-300ERs and have 13 more on order. We have made the right choice as our experience with this aircraft's advanced technology and excellent performance indicates what we can expect from the Boeing 777 freighters. These freighters will be the backbone of our air cargo service for the next decade."
The 777 Freighter is the world's largest and longest range twin-engine freighter, capable of flying 4,900 nautical miles (9,070 kilometers) with a full payload at general cargo market densities. 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.
According to the Boeing World Air Cargo Forecast, 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.
Boeing is the undisputed air cargo market leader, providing over 90 percent of the total worldwide dedicated freighter capacity.
