Seoul, Aug 19 2005 (Korea Newswire)--
UPS, a global leader in package delivery, specialized
transportation and logistics services, announced an order
for eight 747-400 Freighters, The Boeing Company [NYSE: BA]
confirmed.
The firm order is the first UPS order placed directly with
Boeing for the 747 Freighter family and the carriers first
for 747-400 Freighters.
The first delivery is scheduled for June 2007 with two
additional deliveries that year, followed by the remaining
five deliveries in 2008. UPS has selected General Electric
CF6-80C2-B1F engines to power the new airplanes.
"UPS has been an important Boeing customer for more than 20
years," said Ray Conner, vice president, Sales Boeing
Commercial Airplanes. "The 747-400 Freighter, with its
unique capabilities, will enable outstanding efficiency and
economy as UPS takes advantage of continuing high
international cargo traffic growth.
The purchase of these Boeing 747-400 freighters is a part of
UPS ongoing effort to accommodate strong international
volume growth and will allow UPS to continue to increase
capacity on our most important international routes,said Bob
Lekites, UPS vice president of Airline and International
Operations.
In its most recent World Air Cargo Forecast, released in
September 2004, Boeing forecasts international air cargo
growth to average 6.2 percent over the next 20 years, with
Asia-related routes exceeding that average. Intra-Asia
markets will expand by 8.5 percent, North America-Asia will
increase 7.2 percent and Europe-Asia will average 6.7
percent growth.
The 747-400F can carry a maximum 120 tons of cargo, 25 tons
more cargo than the 747-200 Freighters currently in the UPS
fleet. In addition to the higher payload capability of
250,000 pounds (113 tonnes), the 747-400F consumes 15
percent less fuel than its predecessor, allowing the
airplane to fly farther and to more destinations.
UPS is also a key MD-11 Freighter operator, with a fleet of
20 airplanes, with eight future deliveries, and the MD-11 is
a primary aircraft flying the carriers international trunk
routes.
Previously, UPS has ordered 107 Boeing factory-built
freighters including 75 757-200 Package Freighters and 32
767-300 Freighters. UPS operates an extensive Boeing fleet,
which also includes 727-100, 747-100 and -200 and DC-8-71
and -73 Freighter models.
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