{"id":17340,"date":"2022-02-02T16:42:37","date_gmt":"2022-02-02T11:12:37","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=17340"},"modified":"2022-02-02T16:42:39","modified_gmt":"2022-02-02T11:12:39","slug":"boeing-won-a-launch-order-from-qatar-airways-for-the-new-freighter-777x","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/02\/02\/boeing-won-a-launch-order-from-qatar-airways-for-the-new-freighter-777x\/","title":{"rendered":"Boeing\u00a0won a launch order from Qatar Airways for the new\u00a0freighter\u00a0777X"},"content":{"rendered":"\n

Boeing\u00a0won a launch order\u00a0from Qatar Airways for the new\u00a0freighter version\u00a0of its\u00a0777X wide-body jet\u00a0in a multibillion-dollar agreement signed in Washington on Monday.<\/strong><\/p>\n\n\n\n

The US plane maker’s share cost closed 5 percent higher at the end of market trading after it closed the largest cargo plane commitment in its past by value.<\/em><\/p>\n\n\n\n

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Here is a look at the significance of\u00a0Boeing’s\u00a0freighter deal\u00a0for the company, its potential airline customers, and the successful international air cargo market.<\/p>\n\n\n\n

Boeing\u00a0launched the 777-8 freighter <\/strong><\/h2>\n\n\n\n

On January 31, Boeing\u00a0launched the 777-8 freighter, the world\u2019s biggest twin-engine cargo jet. The plane has the most increased payload and the lowest fuel use, emissions, and running price per tonne of any big freighter, according to Boeing. It will offer a 25 percent advancement in fuel efficiency while reducing emissions and running prices by the exact magnitude.<\/p>\n\n\n\n

It builds on advanced technology from Boeing’s new 777X passenger jet and its recent best-selling 777 cargo plane.<\/p><\/blockquote><\/figure>\n\n\n\n

With a payment payload of 112.3 tonnes and a range of 4,410 nautical miles (8,167km), the 777-8 cargo plane has the lowest fuel use, emissions, and running charge per tonne of any large freighter,\u00a0according to Boeing.<\/p>\n\n\n\n

The first delivery of the plane, which is powered by General Electric’s GE9X engines, is scheduled for 2027 when many operators will be looking to replace aging 747-400 cargo planes later this decade. Qatar Airways<\/a> signed an\u00a0order worth $6.8bn\u00a0for GE9X engines as part of its 777-8 freighter responsibility.<\/p>\n\n\n\n

Boeing will build the 777-8 freighter <\/h2>\n\n\n\n

Boeing will build the 777-8 freighter at its factory in Everett, Washington state, once its technical team completes the jet’s detailed design.<\/p>\n\n\n\n

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This is the first order for a freighter version of the world’s largest twin-engine passenger plane, whose debut is running three years behind and is scheduled for late 2023.<\/p>\n\n\n\n

The deal offers a silver lining for the Chicago-based planemaker as it grapples with the impact of the Covid-19 crisis, production issues on the 787 Dreamliner, and holds to the release of its 777X passenger version.<\/p>\n\n\n\n

“The launch of the 777X freighter could become a significant lifeline for Boeing as they have been working with multiple crises,” said Linus Bauer, founder and managing director of Bauer Aviation Advisory.<\/p>\n\n\n\n

The agreement is a “welcome achievement” for Boeing, given the numerous delays that have impacted the delivery of the 777X, he said. The delivery of the passenger jet was initially planned for 2020.<\/p>\n\n\n\n

What is the state of the global air cargo market?<\/h2>\n\n\n\n

The freighter deal comes amid a boom in the global air cargo market despite the Covid-19 pandemic. Driving that demand is the surge in e-commerce sales, supply chain disruptions, and competitive air cargo prices when compared with sea freight.<\/p>\n\n\n\n

International requests for air cargo grew 6.9 percent in 2021, reached pre-coronavirus levels in 2019, and strong development has been forecast for 2022,\u00a0according to Iata.<\/p>\n\n\n\n

Boeing 777X at Dubai Airshow<\/h2>\n\n\n\n

“The current cargo aircraft orders and aircraft conversion actions confirm that the freighter market stays strong even as Airbus and Boeing continue to struggle to make big aircraft order deals on the commercial side of the aviation business,” Mr. Bauer told.<\/p>\n\n\n\n

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What is the significance of the arrangement’s timing?<\/h2>\n\n\n\n

The arrangement reaches as Boeing and its European <\/a>arch-rival Airbus face off in the big freighter jet market.<\/p>\n\n\n\n

Boeing has long held an iron hold on the cargo market with its range of freighters \u2014 including the 747F, 767F, and 777F wide-body aircraft \u2014 that make up most of the world’s cargo fleet.<\/em><\/p>\n\n\n\n

However, Airbus has sought to loosen Boeing’s hold, establishing the A350F, a freighter version of its most delinquent passenger aircraft, in 2021.<\/p>\n\n\n\n

“Cargo carriers like Emirates and Qatar Airways<\/a> are already aware of Boeing\u2019s strengths in creating freighter aircraft, as almost every one of Boeing\u2019s commercial aircraft has a freighter variant to date,” Mr. Bauer told.<\/p>\n\n\n\n

“However, Airbus\u2019 successful unveiling of the new A350F variant in 2021 will challenge Boeing in the growing cargo aircraft segment of the market.”<\/p>\n\n\n\n