Qatar Airways has signed a letter of intent with Boeing to purchase five 777 Freighters – valued at $1.7 billion at list prices.
Qatar Airways Group chief executive, Akbar Al Baker, penned the deal at a ceremony with Boeing Commercial Airplanes president & chief executive officer, Kevin McAllister.
“The addition of five 777 Freighters is a significant moment for our cargo division,” said Al Baker. “As the world’s third-largest cargo operator, Qatar Airways continues to invest in fleet expansion.
“This transaction will be a reinforcement of our confidence in Boeing to continue to deliver an outstanding product that meets our exacting standards. We expect no less than perfection, and we are confident that Boeing will continue to deliver that.”
Qatar Airways currently operates a fleet of nearly 100 Boeing widebody aircraft and has about 100 more Boeings on order.
The 777F is capable of flying 4,900 nautical miles (9,070 kilometers) with a payload of 112 tons (102 metric tonnes or 102,000 kg).
Boeing provides over 90 per cent of the dedicated freighter capacity around the world.