UPS, the world's largest shipping carrier, said today it has ordered 27 Boeing 767-300ER freighter aircraft, worth about $3.8 billion at list prices. UPS will receive the Boeing 767-300ER planes between 2009 and 2012.
The widebody freighters can be used on routes to and from Europe and Latin America as well as on routes within Asia. UPS also said the freighters will allow the company to improve the efficiency and speed of its air network as it eventually replaces aging aircraft.
The company expects to take delivery of the aircraft between 2009 and 2012. Although UPS declined to divulge financial details, the deal is worth between $3.8 and $4.2 billion at list prices.
"This is a great aircraft for the long-term needs of our company," noted David Abney, UPS's chief operating officer and president of UPS Airlines. "It will support our global growth; it meets the strictest noise and emission standards in the U.S. and Europe, and each one will have state-of-the-art navigation and collision avoidance systems that will serve us for years to come."
The order for the 27 B-767s is not related to UPS's on-going review of its order for 10 Airbus A380 freighters. The A380s are planned to be utilized on specific long-haul routes currently serviced by B-747 and MD-11 freighter
The 767, which entered service in 1982, is still one of Boeing's older models. The planes cost between $118 million and $160 million each, but customers usually get hefty discounts on published prices.
Digg
Reddit
Slashdot