Ethiopian Airlines Orders 5 More B777F Cargo Planes

Ethiopian Airlines, the largest aviation group in Africa, and its longstanding partner, Boeing Inc. have announced the airline is further expanding its all-Boeing freighter fleet with an order for five B777F. Ethiopian Airlines Group CEO Mr. Mesfin Tasew said ”The addition of these five B777

Frieghters into our cargo fleet will enable us to meet the growing demand in our cargo operation. While cementing our partnership with the Boeing Company with new orders, the growth of our freighter fleet takes the capacity and efficiency of our shipment service to the next level. We always strive to serve our customers with the latest technology aircraft the aviation industry could offer. Our Africa’s largest cargo terminal coupled with fuel efficient freighters and well trained cargo handling professionals will enable our customers get the best quality shipment service. Customers can rely on Ethiopian for wide-ranging cargo services across five continents.” Boeing’s market-leading 777 Freighter is the world’s largest, longest-range and most capable twin-engine freighter currently flying with 17% lower fuel use and emissions compared to prior airplanes. Ethiopian Airlines currently operates a fleet of nine 777 freighters, utilizing the range of 4,970 nautical miles (9,200 km) and maximum structural payload of 107 tonnes (235,900 lb) to connect Africa with 66 dedicated cargo centers throughout Asia, Europe, the Middle East and the Americas. Ethiopian Cargo and Logistics Services covers 127 international destinations around the world with both belly hold capacity and dedicated freighter services.

“We value the trust that Ethiopian Airlines places in the 777 Freighter to support their cargo ambitions which will provide them with increased capability and flexibility to their operations,” said Ihssane Mounir, Boeing’s senior vice president of Commercial Sales and Marketing. “Additional 777 Freighters will enable Ethiopian to capitalize on near-term cargo demand, while positioning the airline for further expansion in the future.” In early March 2022, Boeing and Ethiopian Airlines also announced the signing of a Memorandum of Understanding with the intent to purchase five 777-8 Freighters, the industry’s newest, most capable and most fuel-efficient twin-engine freighter. Ethiopian Airlines also operates three 737-800 converted freighters, as well as a combined passenger fleet of more than 80 Boeing jets including 737s, 767s, 787s and 777s.

Under this background, the Aircraft Value Management International Forum 2022 will be held on October 30th-31st, in Shanghai, China. The forum will mainly focus on new aircraft value assessment, disposal of old aircraft, aircraft leasing and operation, aims to introduce advance ideas and methods, share successful experiences, combine with that situation of the aviation division itself, to open up more efficient and more active aircraft management.

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