SEATTLE, Washington - China Airlines has signed off on its order to buy six 777 Freighters from Boeing.
China Airlines, which currently operates one of the world's largest 747 Freighter fleets, says it plans to transition to the largest and longest range twin-engine freighters in the industry, as it launches operations from Taipei to North America, a key market that provides higher yields for the carrier.
Valued at $2.1 billion the airline had announced its intent to order the planes at the Paris Air Show in June. Three of the six 777 Freighter orders were confirmed in July and posted to Boeing's Orders and Deliveries website as an unidentified customer. Following this week's signed order, the remaining three will post during the next update.
The 777 Freighter can fly long-range trans-Pacific missions in excess of 6,000 nautical miles with 20 percent more payload than other large freighters like the 747-400F.
The airplane, which is capable of carrying a maximum payload of 102 tons, will allow the Chinese carrier to make fewer stops and reduce associated landing fees on the long-haul routes. As a result, it will provide China Airlines and other operators with the lowest trip cost of any large freighter and deliver superior ton-per-mile economics. In addition, the 777 Freighter features market-leading capacity for a twin-engine freighter, accommodating 27 standard pallets, measuring 96 inches by 125 inches (2.5 m x 3 m) on the main deck. This allows for lower cargo handling costs and shorter cargo delivery times.
"Air cargo is an important part of our overall business and the introduction of these new 777 Freighters will play an integral role in our long-term growth strategy," said China Airlines Chairman Hsieh Su-Chien.
"As we transition our freighter fleet to the 777Fs, this will enable us to deliver world-class services to our customers more efficiently and reliably."
China Airlines, which marks its 60th anniversary this year, currently operates 51 Boeing airplanes, including 10 777-300ERs (Extended Range), 19 Next-Generation 737s, four 747-400s and 18 747 Freighters.
"As China Airlines celebrates more than half a century of success, Boeing is honored to continue playing an integral role in its growth and expansion. With this order China Airlines will join an elite group of global air cargo operators operating new 777 Freighters," said Ihssane Mounir, senior vice president of Commercial Sales and Marketing for Boeing. "With the global air freight market forecast to double over the next 20 years, the 777 Freighter's market-leading capabilities and economics will help China Airlines extend their network and grow their future cargo business."
The addition of 777 Freighters will enable the carrier to streamline maintenance and parts for its 777 fleet.