UAE’s largest airline Emirates has announced the expansion of its all-Boeing dedicated freighter fleet with an order for five 777 Freighters, valued at more than $1.7 billion at list prices.
The airplanes will be operated by Emirates SkyCargo, adding to its fleet of eleven 777 Freighters. The company said that 2 units will be delivered in 2024 and the remaining 3 units in 2025.
Last year, Emirates announced a $1 billion investment to expand its air cargo capacity, including two new 777 Freighters that joined Emirates’ fleet this year.
“Emirates is investing in new freighters so that we can continue to serve customer demand with the latest fuel-efficient aircraft. This order reflects Emirates’ confidence in airfreight demand and overall aviation sector growth. It lays the ground for our continued growth, which is driven by the reach of our diverse global network, the advanced handling infrastructure at our Dubai hub, and the tailored transport solutions that Emirates has developed to serve our varied customers’ needs.”
Mr. Stan Deal, President, and Chief Executive Officer of Boeing Commercial Airplanes said that, “We value the trust that Emirates has repeatedly placed in its all-Boeing freighter fleet. The expansion of Emirates’ fleet with these additional fuel-efficient 777 Freighters will enable the airline to support its growing cargo market demand, transporting goods rapidly and efficiently from origin to destination in the Middle East and around the world.”
Emirates was the launch customer for the Boeing 777 freighter. The versatile aircraft has since become core to the airline’s operations, operating scheduled and charter missions to destinations across six continents.
“Emirates currently operates a fleet of 11 Boeing 777 freighters, in addition to bellyhold cargo capacity on its fleet of widebody 777 and A380 passenger aircraft,” as per the statement.