Boeing awarded $600 million freighter contract

Boeing and Nippon Cargo Airlines have confirmed a $600 million order for three Boeing 747-400 Freighters. The aircraft will operate on NCA’s European and North American routes.

Boeing and Nippon Cargo Airlines (NCA) confirmed yesterday that they have finalised an agreement for the acquisition of three Boeing 747-400 Freighters.

The order is valued at approximately $600 million at list prices. Deliveries of the new aircraft to NCA will start in 2005 and conclude in 2006.

‘Our current fleet of 747 Freighters has proven to be a great revenue and profit generator for NCA,’ said Takuro Uchiyama, president, Nippon Cargo Airlines. ‘We are confident that these new 747-400 Freighters will follow in the tradition of their predecessors and become the backbone of our operations.’

The 747-400Fs will be used on NCA’s European and North American routes, replacing the airline’s older 747-100 and 747-200 Freighters. NCA currently operates a fleet of ten 747-200 Freighters and one 747-100 Freighter.

According to Boeing, the 747-400F can carry a maximum 120 tons of cargo, 25 tons more cargo than the 747-200 Freighters currently in NCA’s fleet. In addition to the higher payload, the 747-400F consumes 15 percent less fuel than its predecessor.

In addition to the 747-400 Freighter purchase, NCA also confirmed yesterday that it is conducting an extensive review of the feasibility of 747-400 Special Freighter modifications as further replacements for its older 747 freighters.