Qatar Airways signs Letter of Intent for five Boeing 777 Freighters – Quantum Aviation | Airline Passengers & Cargo Sales and Charters

Qatar Airways signs Letter of Intent for five Boeing 777 Freighters

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Qatar Airways signs Letter of Intent for five Boeing 777 Freighters

Boeing and Qatar Airways today signed a letter of intent to purchase five 777 Freighters, valued at $1.7 billion at list prices. When a purchase is finalized, it will be posted to Boeing’s Orders and Deliveries website.

His Excellency Mr. Al Baker, Qatar Airways Group CEO and Kevin McAllister, president & CEO, Boeing Commercial Airplanes sign a Memorandum of Understanding for five Boeing 777 Freighters in the presence of the Qatari Minister of Finance and Qatar Airways Chairman His Excellency Mr. Ali Sharif Al Emadi (left) and Sheikh Meshal Bin Hamad Al-Thani, Qatari Ambassador to the USA. (Boeing photo)

The letter of intent was signed during a ceremony attended by Qatari Minister of Finance and Qatar Airways Chairman His Excellency Mr. Ali Sharif Al Emadi, Qatar Airways Group Chief Executive His Excellency Mr. Akbar Al Baker, Boeing Commercial Airplanes President and CEO Kevin McAllister.

Qatar Airways currently operates a fleet of nearly 100 Boeing widebody airplanes and has about 100 more Boeing airplanes on order.

The 777 Freighter is capable of flying 4,900 nautical miles (9,070 kilometers) with a payload of 112 tons (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.