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  • Joe Breitfeller

China Airlines Orders Four Boeing 777 Freighters

China Airlines, the national flag carrier of Taiwan, has ordered four Boeing 777 Freighters in a deal valued at $1.4 billion at list prices. The carrier will add the freighter to their all-Boeing cargo fleet to capture market opportunities amid growing demand.

A Boeing 777 Freighter in Flight - Courtesy Boeing

On Thursday (January 27, 2022), Boeing announced that China Airlines, the national flag carrier of Taiwan, has ordered four Boeing 777 Freighters in a deal valued at $1.4 billion at list prices. The efficient and reliable 777 Freighters will join the carrier’s all-Boeing cargo fleet, allowing China Airlines to capture market opportunities amid burgeoning international cargo demand. Boeing’s 777 Freighter has a range of 9,200 km (4,970 nm) and can carry a maximum payload of 102 tonnes (224,900 lbs). The aircraft’s capability will allow China Airlines to operate long-haul routes with fewer stops and additional landing fees, resulting in the lowest average trip cost of any large freighter.

In Thursday’s announcement, China Airlines’ Chairman, Hsieh Su-Chien, said,

“The 777 Freighter has played a critical role in our efforts to maintain profitability during the pandemic, and these additional airplanes will be an integral part of our long-term growth strategy. We are excited to add more 777 Freighters due to their operational efficiency and reliability. Our fleet modernization program will enable us to deliver added value to our customers, especially as the global supply chain continues to evolve.”

Also commenting on today’s freighter order, Boeing’s Senior Vice President of Commercial Sales and Marketing, Ihssane Mounir, said,

“We are thrilled that China Airlines has again selected the 777 Freighter to serve as the backbone of its world-class air cargo fleet. The market-leading capabilities of the 777 Freighter provide added capacity, improved efficiency and greater value to China Airlines' customers, enabling the carrier to meet air cargo demand and position itself for long-term growth.”

For 2021, China Airlines’ air cargo revenue was up 186 percent compared to the pre-pandemic year 2019, nearly balancing a 96 decline in passenger revenue. China Airlines Cargo reported their best year in the company’s history in 2021 with revenue of over TWD 100 billion (US $3.6 billion). The carrier currently operates an all-Boeing cargo fleet of 18 747-400 Freighters, and three 777 Freighters. With three 777 Freighters already on order, the additional aircraft will complement the carrier’s existing 747-400 Freighter fleet, with the seamless accommodation of 3-meter (10-foot) tall pallets.

Boeing (NYSE:BA) is the world’s largest aerospace company and leading supplier of commercial airplanes, defense, space and security systems, as well as global services. The aerospace giant tops the list of the largest U.S. exporters, providing a significant positive impact to America’s annual GDP. Boeing supports government and commercial customers in over 150 countries and employs more than 160,000 team members worldwide. As Boeing continues to deliver for customers, they are committed to their legacy of aerospace leadership in technology and innovation and living the company’s core values of safety, quality and integrity.

Source: Boeing/PRNewswire