UPS TO PURCHASE 19 BOEING 767 FREIGHTERS

By Sloan T. Wilson, The Chicago Times

December 23, 2021

CHICAGO — Boeing announced on Tuesday that UPS has ordered 19 Boeing 767 Freighters to serve its customers at a time of robust air cargo demand.

“The Boeing 767 is the most versatile aircraft we operate.  Our plan to purchase 19 aircraft and take delivery between 2023 and 2025 aligns with the strategy and capital expenditure forecast shared during our June 2021 Investor and Analyst Day. It also supports our sustainability efforts by making our fleet more efficient and improving reliability.” said UPS U.S. Operations President Nando Cesarone.

With the growing demand for air freight, Boeing freighter sales has had almost 160 orders for varying versions of the 767 freighter.

“This latest order for 19 jets bookends an incredible year for the Boeing Freighter family.  Since the program was launched, UPS has recognized the value of the 767 Freighter and utilized the airplane’s outstanding cargo capabilities throughout its network. These new jets will enable UPS to meet expected near-term and long-term cargo demand with the proven economics, reliability and flexibility that are synonymous with the 767 Freighter.” said Ihssane Mounir, Boeing senior VP of Commercial Sales and Marketing.

According to Boeing’s 2021 Commercial Market Outlook, the aircraft manufacturer forecasts an annual increase of 4% in air cargo demand over the next 20 years. The 767 Freighter continues to play a key role in supporting this demand, together with a global freighter fleet predicted to grow by 70% by 2040.