Silk Way West Airlines has today finalized an order for two Boeing 777-8 Freighters, with options for two more. The deal was finalized at a signing ceremony at Boeing Commercial Airplanes’ Seattle Delivery Center.
On Thursday (November 10, 2022), Boeing announced that Silk Way West Airlines has finalized and order for two Boeing 777-8 Freighters, with options for two more airplanes. The agreement was announced at a signing ceremony today at Boeing Commercial Airplanes’ Delivery Center in Seattle. Based in Baku, Azerbaijan, Silk Way West serves 40 global destinations, and is the first customer in the Eurasia region to order the industry’s newest and most fuel-efficient twin-engine freighter. Today’s order was previously listed as ‘unidentified’ on Boeing’s Orders & Deliveries website.
In today’s announcement, Silk Way Group’s President, Zaur Akhundov, said,
“We are pleased to announce this order with our longstanding partner Boeing and become one of the world's first customers for the newest freighter. This year Silk Way West Airlines celebrates its 10th anniversary, and over the past decade the carrier has been operating an all-Boeing fleet. Today's agreement reflects our ongoing investment in Boeing's market-leading freighters. Our fleet renewal plans will help to further reduce our operating costs and enhance fuel efficiency as well as make air freight services in our region more sustainable.”
Also commenting on the order finalization, Boeing Commercial Airplanes’ President and CEO, Stan Deal, added,
“With sustained demand for air cargo tied to expanding e-commerce and air freight's speed and reliability, Boeing expects the global freighter fleet to increase by 60% through 2041. We are proud that Boeing products, including this order for the 777-8 Freighter, continue to drive Silk Way West Airlines' expansion plans and help realize the ambition of making Baku a global cargo hub.”
Launched in January 2022, the Boeing 777-8 Freighter has already won over 50 orders. The aircraft offers nearly identical payload capacity and range of a Boeing 747-400 Freighter, while delivering 30 percent better fuel efficiency and emissions, as well as 25 percent better operating costs per tonne. Boeing currently provider over 90 percent of the worldwide dedicated freighter capacity, with both new production and converted airplanes.
Silk Way West Airlines was founded in 2012 in Baku, Azerbaijan, and currently operates approximately 800 monthly flights worldwide with a fleet of 12 dedicated Boeing 747-8F and 747-400F airplanes based at Heydar Aliyev International Airport. On April 28, 2021, the carrier signed a strategic fleet expansion agreement with Boeing for the purchase of five 777 Freighters. Silk Way West Airlines carries over 500,000 tons of cargo annually to over 40 destinations across Europe, the CIS, the Middle East, Central and Eastern Asia, and the Americas.
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
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