WASHINGTON -- Boeing and Qatar Airways have signed a letter of intent for the purchase of five 777F freighters, valued at $1.7 billion at list prices.
Qatar Airways Group Chief Executive Akbar Al Baker said, "The addition of five 777 freighters is a significant moment for our cargo division. As the world's third largest cargo operator, Qatar Airways continues to invest in fleet expansion. This transaction will be a reinforcement of our confidence in Boeing to continue to deliver an outstanding product that meets our exacting standards. We expect no less than perfection, and we are confident that Boeing will continue to deliver that."
Qatar Airways currently operates a fleet of nearly 100 Boeing widebody aircraft, and has approximately 100 additional Boeing aircraft on order.
The 777F is capable of flying 9,070 kilometers (4,900 nautical miles) with a payload of 102 metric tons.
Qatar Airways Cargo, the world's third largest international cargo carrier, serves 60 exclusive freighter destinations worldwide via its Doha hub, and also delivers freight to more than 150 business and leisure destinations. The Qatar Airways Cargo fleet includes eight Airbus A330 freighters, two Boeing 747-8Fs, and 13 Boeing 777Fs.