Boeing won an order from Chinese freight carrier Jade Cargo International for six 747-400ERs, valued at as much as $1.3 billion at list prices...
Boeing won an order from Chinese freight carrier Jade Cargo International for six 747-400ERs, valued at as much as $1.3 billion at list prices, to help the fledgling airline meet growing cargo demand in Asia.
The planes will be delivered beginning next year, when Jade plans to start operations, Boeing said yesterday. The plane, with a nose that swings open for loading, can carry as much as 248,600 pounds.
Boeing is benefiting from an expected 11 percent annual increase in Chinese air-cargo demand over the next 20 years. Orders for 747 freighters are exceeding those for the plane’s passenger versions.
Recent orders for the 747 are helping Boeing “bridge production” from the old model to the 747 Advanced, Boeing Chief Financial Officer James Bell said Wednesday.
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