Boeing sees 777 freighter orders pick up in June


Boeing scored orders for 11 Boeing 777 freighters in June after a slow start to the year for orders of the model.

The orders were led by unidentified customers which placed orders for five of the freighters.

Elsewhere, Turkish Cargo ordered four of the model in a deal announced on July 2.

The carrier has been expanding its cargo and bellyhold fleet over the past decade and has risen from the 22nd largest cargo carrier with a 1.7% market share in 2015 to number four with a 5.8% market share in 2023.

In terms of freighter fleet, the carrier added three unspecified wet-leased aircraft last year to bring its freighter fleet to 24 aircraft: 10 x A330Fs, eight x B777Fs and six unspecified leased aircraft, thought to primarily be made of Airbus A310Fs and Boeing 747-400Fs.

It has also placed an order for five Airbus A350F freighters, with the right to order 20 more. 

In late 2023, the then head of cargo, Turhan Özen, said the airline was hoping to grow its freighter fleet to 40 aircraft in the next five years.

The final two aircraft ordered in June were from Boeing financing arm BCA Customer Finance.

In total, Boeing posted 14 aircraft orders during the month with the addition of three 737-Max orders.

The orders will be a boost for Boeing’s freighter business which had a slow start to the year.

The only other orders for freighter aircraft came in February when an unidentified customer placed an order for a single 777 freighter.

Over the whole of 2023, Boeing received a total of 10 orders for the freighter, while in 2022 there were 35, in 2021 there were 42, in 2020 there were 13 and in 2019 there were 17.

Meanwhile, deliveries of the 777 freighter have also been slow to get going this year.

Boeing was unable to deliver any 777 freighters in the first quarter of the year, although 11 of the aircraft were reported to have been built and were awaiting engines.

The airframer also failed to deliver any passenger 777s during the first three months of 2024.

Reports suggest the first 777 freighter delivery of the year took place on April 8 when an aircraft left Everett on its way to Taiwan, with Eva Air the destination.

Boeing has declined to comment on the reasons for the slowdown in production of the model but reports have surfaced about possible shortages of the twinjet’s GE Aerospace GE90 turbofans.

A second 777 was delivered to Qatar Airways in April and five were delivered in June; two to Air Cargo China, two to China Airlines and one to MSC Air Cargo.

Boeing 777F deliveries get going as Qatar Cargo welcomes latest aircraft

 

 

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