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.