Boeing, Qatar Airways finalise order for 5 B777Fs

July 17, 2018: Boeing and Qatar Airways finalised an order for five 777 freighters at the 2018 Farnborough International Airshow. The deal valued $1.7 billion at current list price was announced in April. The announcement was attended by Qatar's minister of finance and Qatar Airways, chairman, His Excellency Ali Shareef Al Emadi. 

"I am delighted to be further enhancing our cargo fleet and adding five Boeing 777 Freighter aircraft," said Qatar Airways group chief executive, Akbar Al Baker. "In the past 15 years, Qatar Airways Cargo has grown steadily and globally, becoming the third largest in the world. We could not have achieved this success without our resilient relationship with Boeing." With this latest order, the airline is set to grow its Boeing freighter fleet to more than 20 jets.

"We are proud that Qatar Airways recognises the value of the 777 Freighter and continues to invest in this aircraft to serve its expanding freight operations," said Boeing Commercial Airplanes president & CEO Kevin McAllister.

Boeing has now sold 65 wide body freighters in 2018 and more than 180 wide body freighters since the start of 2014, which equates to a 98 percent share of the market. At the same time, Boeing has delivered more than 140 wide-body freighters, which translates to a 92 percent share of deliveries.

The 777 freighter is capable of flying 4,900 nautical miles (9,070 kilometers) with a payload of 112 tonnes (102 metric tonnes or 102,000 kg). The airplane's long range translates into significant savings as fewer stops mean lower landing fees, less congestion, lower cargo handling costs and shorter delivery times.