Boeing logs order for two 747s from Silk Way Airlines

The Boeing Co. added orders for 67 aircraft this week including a request for two 747-8 freighters from Silk Way Airlines.

The orders were announced Thursday, the day Boeing typically updates its online order tally.

Boeing and TUI Travel finalized an order for 60 737s. The London-based company had announced tentative plans to order the single-aisle jets in late May.

Other orders this week include four 737s from an unidentified customer and one 787 also from an unnamed customer.

Boeing’s net aircraft order total through July 9 is 754.

Here’s Boeing’s press release on the Silk Way Airlines order:

Boeing (NYSE: BA) and Silk Way Airlines, a cargo carrier based in Baku, Azerbaijan, today announced an order for two Boeing 747-8 Freighters valued at $704 million at current list prices.

“Silk Way Airlines’ vision is to be a successful and profitable cargo operator by investing in its fleet and services and continuing to increase its regional and international footprint,” said Zaur Akhundov, president, SW Holding, parent company of Silk Way Airlines. “The order for two Boeing 747-8 Freighters is a move in that direction.”

Silk Way Airlines currently operates Boeing 747-400 Freighters and 767-300 Freighters. It is considered as one of the leading cargo airlines in Central Asia providing full-fledged services to Europe and the United Kingdom and the Middle East, as well as the Far East including Korea, China and Hong Kong. In addition, it also serves international destinations through a network of alliances.

“One of the goals of the Azerbaijani government is to continue building Baku’s strategic positioning as a trade hub,” said Jahangir Askerov, president, Azerbaijan Airlines, and architect of the country’s present day civil aviation industry. “The addition of the new Boeing 747-8 Freighters will enable Silk Way Airlines to expand its operations and help the government achieve its objective.”

“We are pleased that Silk Way Airlines has selected the 747-8 Freighters to serve some of the world’s high growth markets,” said Marty Bentrott, vice president for Sales, Boeing Commercial Airplanes, Middle East, Russia, and Central Asia. “The 747-8 Freighter is the most efficient large freighter in the air and carries with it the 747 family’s legacy of leadership in the air-cargo sector.”

The new 747-8 Freighter gives cargo operators the lowest operating costs and best economics of any large freighter airplane while providing enhanced environmental performance. It is optimized to provide greater revenue cargo-carrying capability than the 747-400, offering 16 percent more cargo volume while keeping its iconic nose door. With more than 150,000 hours in service, the 747-8 Freighters are achieving performance milestones with customers reporting 1 percent better fuel burn than expected. To date, Boeing has delivered 36 747-8 Freighters.

More in Herald Business Journal

Everett engineers learn lessons from Mexico City catastrophe

Structural scientists went to help after the September earthquake there and studied the damage.

DaVita to sell off medical groups including The Everett Clinic

Another round of health care consolidation means The Everett Clinic could soon get new ownership.

Engine trouble hits Air New Zealand’s 787 Dreamliners

A Rolls-Royce engine was shut down and was afterward found to be seriously damaged.

Washington, Amazon sue company over seller training programs

Braintree is accused of using deceptive ads promising information on how to make money on Amazon.

The Marine Corps’ version of the F-35 Joint Strike Fighter is designed to land vertically like a helicopter. (Lockheed Martin)
F-35 fighter costs, $1 trillion over 60 years, draw scrutiny

Pentagon’s ability to repair F-35 parts at military depots is six years behind schedule.

Incidents of severe disturbances on commercial flights climb

The number of cases in which the cabin crew had to restrain a passenger rose to 169 last year.

Funko mascots Freddy Funko roll past on a conveyor belt in the Pop! Factory of the company’s new flagship store on Aug. 18, 2017. (Dan Bates / The Herald)
Funko starts to bounce back after disappointing stock debut

The Everett toys-and-collectibles maker also announced the acquisition of an animation studio.

Now hiring: Younger factory workers, at Boeing and elsewhere

The company and its training partners are fighting perceptions of a dying manufacturing industry.

‘The President Stole Your Land’: Patagonia, REI blast Trump

The outdoor recreation industry is allied with Indian tribes and conservationists.

Most Read