FARNBOROUGH: Boeing wins DHL 777F deal

As expected, Boeing has kicked off the Farnborough Air Show with an order from DHL for 14 777 Freighters.

The order, worth $4.7 billion at list prices, adds to the backlog of 777 Freighters recently booked by the company.

The first four aircraft are expected to be delivered to the airlines next year.

Boeing Commercial Airplane chief executive, Kevin McAllister, said in a statement:

“The 777 Freighter is an airplane perfectly suited to DHL’s needs, offering an outstanding payload capability, with incredible range to service its extensive intercontinental network and unmatched reliability.”

DHL executive president of global network operations and aviation, Charlie Dobbie, confirms this by describing the aircraft as a “best-in-class fuel-efficient freighter.”

With the global freight market expected to rise further in coming years, freighter airlines are starting to take advantage of end-of-line sales and higher production output, as seen with the recent FedEx deal for 12 777Fs and 12 767Fs.

Expect more deals to come as I cover the events that unfold at Farnborough 2018.