Boeing Delivers 747-400 Freighter to Cargolux
EVERETT, Wash, July 25, 2008 -- The Boeing Company [NYSE: BA] recently delivered to Cargolux Airlines International S.A. its 16th and last 747-400 Freighter with a ceremony at Paine Field in Everett, Wash.
This year celebrates the 30th anniversary of Cargolux taking delivery of its first Boeing 747 Freighter. The airplane, dubbed "City of Contern," was delivered before a contingent of official representatives from the commune of Contern, Luxembourg, as well as Luxembourg-based media.
Cargolux is the launch customer for the 747-8, and will take delivery of the first of its 13 Boeing 747-8 Freighters in 2009.
Cargolux's new 747-8 Freighters will offer significant capacity benefits over their 747-400F fleet, with a maximum structural payload capacity of 140 metric tonnes (154 tons) and 16 percent more revenue cargo volume, with slightly greater range and 16 percent lower tonne-kilometer costs.
FRANKFURT, Germany, July 24, 2008 -- The Boeing Company [NYSE: BA] is helping Aeroflot Cargo improve its operational efficiency and adapt to growing market demands by providing three leased MD-11 Boeing Converted Freighters (BCFs). The companies joined in celebrating the freighters' recent entry into service at a ceremony marking Aeroflot Cargo's new fleet and the resulting operational improvements at the carrier's facility at Frankfurt-Hahn airport.
Boeing Capital Corporation, the company's aircraft financing arm, structured the deal and Boeing conducted the modification work at subcontractor facilities in Europe. Aeroflot Cargo, which operates four DC-10 freighters, is leasing the three MD-11BCFs on a multi-year basis.
"We are confident that the MD-11F, as a proven, reliable and highly demanded freighter, will deliver long-term efficiency for our network," said Aeroflot Cargo General Director and CEO Oleg Korolev. "Boeing's world-class customer service offers support from the first contact and delivery through the refresh of airplanes to keep our planes earning revenue."
A converted MD-11 carries 205,400-pound (93.2 tonne) structural payload at a range of 3,486 nautical miles (6,456 kilometers) at 630,500 pounds (286,000 kg) maximum takeoff weight. The main and lower deck cargo compartments hold a total of 36 96- by 125-in. pallets or containers.
"This solution allows us to optimize our choices for airplanes that we needed to redeploy, maximizing the airplane's value since freighter conversion is a great residual play for the MD-11s," said Tony Simpson, Boeing Capital managing director for Europe, Russia and Central Asia. "Putting valuable BCF assets into the hands of an experienced and reputable operator represents a good outcome for our portfolio."
The MD-11 freighter conversion features an updated flight deck and cargo-handling system, better fuel efficiency and increased payload and range capabilities.
"This is a great example of Boeing's integrated Lifecycle Solutions, putting forth a seamless process for Aeroflot Cargo, where Boeing handled aircraft acquisition, passenger-to-freighter modification and leasing of the final product," said Dan Da Silva, vice president for Sales and Marketing, Boeing Commercial Aviation Services.
Aeroflot Cargo also has committed to acquire three additional MD-11 airplanes to undergo freighter conversion with Boeing's help. The first aircraft will begin modification later this year with redeliveries in 2009.
Boeing Commercial Aviation Services will provide detailed engineering design work and oversight of the Aeroflot Cargo conversions, with SASCO, a subsidiary of ST Aerospace, providing touch labor on the airplanes.
Overall, Boeing has converted more than 100 MD-11 passenger airplanes to freighters.
Boeing Capital Corporation, the company's aircraft financing arm, structured the deal and Boeing conducted the modification work at subcontractor facilities in Europe. Aeroflot Cargo, which operates four DC-10 freighters, is leasing the three MD-11BCFs on a multi-year basis.
"We are confident that the MD-11F, as a proven, reliable and highly demanded freighter, will deliver long-term efficiency for our network," said Aeroflot Cargo General Director and CEO Oleg Korolev. "Boeing's world-class customer service offers support from the first contact and delivery through the refresh of airplanes to keep our planes earning revenue."
A converted MD-11 carries 205,400-pound (93.2 tonne) structural payload at a range of 3,486 nautical miles (6,456 kilometers) at 630,500 pounds (286,000 kg) maximum takeoff weight. The main and lower deck cargo compartments hold a total of 36 96- by 125-in. pallets or containers.
"This solution allows us to optimize our choices for airplanes that we needed to redeploy, maximizing the airplane's value since freighter conversion is a great residual play for the MD-11s," said Tony Simpson, Boeing Capital managing director for Europe, Russia and Central Asia. "Putting valuable BCF assets into the hands of an experienced and reputable operator represents a good outcome for our portfolio."
The MD-11 freighter conversion features an updated flight deck and cargo-handling system, better fuel efficiency and increased payload and range capabilities.
"This is a great example of Boeing's integrated Lifecycle Solutions, putting forth a seamless process for Aeroflot Cargo, where Boeing handled aircraft acquisition, passenger-to-freighter modification and leasing of the final product," said Dan Da Silva, vice president for Sales and Marketing, Boeing Commercial Aviation Services.
Aeroflot Cargo also has committed to acquire three additional MD-11 airplanes to undergo freighter conversion with Boeing's help. The first aircraft will begin modification later this year with redeliveries in 2009.
Boeing Commercial Aviation Services will provide detailed engineering design work and oversight of the Aeroflot Cargo conversions, with SASCO, a subsidiary of ST Aerospace, providing touch labor on the airplanes.
Overall, Boeing has converted more than 100 MD-11 passenger airplanes to freighters.
ST. LOUIS, July 24, 2008 -- The Boeing Company [NYSE: BA] today announced that Raytheon has joined its EP-X industry team. EP-X is a manned airborne intelligence, surveillance, reconnaissance and targeting aircraft that will replace the U.S. Navy's EP-3 signals intelligence (SIGINT) platform.
Raytheon, also a member of Boeing's P-8A Poseidon industry team, will be responsible for EP-X sensor integration and multi-intelligence integration and play a significant role in core mission systems. Raytheon joins Argon ST, a leading designer and developer of SIGINT sensors and information operations systems, on the Boeing EP-X team.
"Raytheon is a great addition to our EP-X team and together with Argon ST provides unparalleled experience and technical capability," said Paul Summers, Boeing director of Airborne SIGINT Campaigns. "The Boeing team understands the challenges and is well-positioned to provide a capable and cost-effective EP-X solution for the Navy."
The Navy awarded Boeing a $1.25 million EP-X concept refinement contract in February. Since then, Boeing and Argon ST have been defining program requirements and developing initial system concepts. As prime contractor for P-8A, Boeing plans to draw on that program's logistics, maintenance, support, training and other relevant data for EP-X.
The Navy will solicit proposals for the technology development phase of the program in the coming months and select contractors for that phase in 2009.
Raytheon, also a member of Boeing's P-8A Poseidon industry team, will be responsible for EP-X sensor integration and multi-intelligence integration and play a significant role in core mission systems. Raytheon joins Argon ST, a leading designer and developer of SIGINT sensors and information operations systems, on the Boeing EP-X team.
"Raytheon is a great addition to our EP-X team and together with Argon ST provides unparalleled experience and technical capability," said Paul Summers, Boeing director of Airborne SIGINT Campaigns. "The Boeing team understands the challenges and is well-positioned to provide a capable and cost-effective EP-X solution for the Navy."
The Navy awarded Boeing a $1.25 million EP-X concept refinement contract in February. Since then, Boeing and Argon ST have been defining program requirements and developing initial system concepts. As prime contractor for P-8A, Boeing plans to draw on that program's logistics, maintenance, support, training and other relevant data for EP-X.
The Navy will solicit proposals for the technology development phase of the program in the coming months and select contractors for that phase in 2009.
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