Etihad announces option conversions for two Boeing 777 freighters

NOV 9, 2015: Etihad Airways announced it would take delivery of two Boeing 777 freighter aircraft.

The decision to exercise the options, which were part of Etihad Airways’ historic $67 billion mixed fleet order for 199 aircraft in 2013, was unveiled on the opening day of the Dubai Air Show.

The additional aircraft, valued at $637 million at list prices, are due for delivery next year. They will be part of Etihad Cargo, the airline’s freighter arm, which currently operates three Boeing 777Fs, three Boeing 747s and four Airbus A330s.

James Hogan, president and chief executive officer of Etihad Airways, said, “Etihad Airways is delighted to exercise options for two freighters that will join our fleet next year, demonstrating our confidence and commitment to our partners at Boeing and to the global freight market.

“As we continue growing our freighter fleet and network, together with our partners we are able to provide a comprehensive, extensive and compelling global offering for the benefit of our customers.”

“We value our partnership with Etihad Airways and are honoured they continue to place their trust in our products,” said Ray Conner, president and CEO, Boeing Commercial Airplanes.

“The Boeing 777 Freighter, the world’s longest twin-engine freighter, continues to have unmatched efficiency which translates into significant savings for our customers.”