Cathay Pacific Orders 3 Boeing 747-8 Freighters

By Paul Riegler on 4 March 2013
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A Lufthansa Boeing 747-8 at FRA

A Lufthansa Boeing 747-8 at FRA

Boeing and Cathay Pacific, Hong Kong’s flag carrier, announced that the airline has placed an order for three 747-8 Freighter airplanes.  The order is valued at approximately $1 billion (at list price) and includes options for five additional Boeing 777 Freighters.  The airline currently has eight 747-8 Freighters in its fleet and already had two on order, prior to today’s announcement.  When all are delivered, Cathay’s 747-8 Freighter fleet will total 13 aircraft.

Cathay Pacific plans to use the new 747-8 Freighters to replace its 747-400 Boeing Converted Freight airplanes.  The airline currently operates six 747-400 Freights, eight 747-8 Freighters, six 747-400ER Freighters, and one 747-400 BCF.

According to Boeing, the 747-8 Freighter, which is 18’ 4” (5.6 meters) longer than its predecessor, the 747-400 Freighter, gives customers a 16% increase in cargo space and significantly lower operating costs.

Currently six airlines operate 28 Boeing 747-8 Freighters. A total of 70 have been ordered by nine customers.  Cargolux and Nippon Cargo Airlines were the launch customers for the 747-8 Freighter.  The only customer for the passenger version of the 747-8 is Lufthansa, which currently has four in service and 19 on order.

(Photo: Accura Media Group)

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