Azerbaijan to buy three 747-8 Freighter airplanes worth more than $1.1B

  04 March 2015    Read: 1295
Azerbaijan to buy three 747-8 Freighter airplanes worth more than $1.1B
Boeing (NYSE: BA) and Azerbaijan-based airline Silk Way West announced that the two companies have finalized terms and working toward a purchase agreement for three 747-8 Freighter airplanes.
Boeing and Azerbaijan-based Silk Way West today announced an order for three 747-8 Freighter airplanes valued at more than $1.1 billion at current list prices, Streetinsider reported March 4.

"Silk Way Group is a longstanding customer and operator of Boeing`s products and services," said Marty Bentrott, vice president, Middle East, Russia and Central Asia Sales, Boeing Commercial Airplanes. "We value our partnership with Silk Way West and are grateful for their enduring confidence in Boeing and the 747-8 Freighter."

Silk Way West is an enterprise of the Silk Way Group, which includes 23 companies working in the aviation industry and related services. The airline currently operates seven Boeing airplanes, including two 767-300 Freighters, three 747-400 Freighters and two 747-8 Freighters.

The 747-8 Freighter has no competitors, providing cargo operators the lowest operating costs and best economics of any large freighter airplane while providing enhanced environmental performance. The 747-8 Freighter offers 16 percent more revenue cargo volume than the 747-400, while keeping its iconic nose door.

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