UPS expands network with 14, potentially 28, Boeing 747-8 Freighter cargo aircraft

EVERETT, Wash., 28 Oct. 2016. UPS (NYSE:UPS) officials in Atlanta, Georgia, are placing an order for 14 Boeing (NYSE:BA) 747-8 Freighters with an option to purchase an additional 14 cargo airplanes to make “a strategic investment for increased capacity for UPS customers around the globe” and upsize the company’s network, according to UPS Airlines President Brendan Canavan.

The 747-8 Freighter is designed to provide 16 percent more revenue cargo volume than the 747-400F and a reduced noise footprint around an airport (30 percent less than its predecessor), Boeing officials say.

"UPS could not have selected a better aircraft to meet its growing business needs," says Brad McMullen, vice president, sales, North America and leasing, Boeing Commercial Airplanes. "We’ve continued to make the 747-8 Freighter even better, and we look forward to seeing UPS introduce it to its fleet."

With 109 Boeing 747-8 passenger and freighter airplanes delivered to customers around the globe, the fleet is performing with the highest dispatch reliability and utilization of any four-engine airplane in service, Boeing officials say.

UPS offers a broad range of solutions including transporting packages and freight, facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide.

Search the Aerospace & Defense Buyer's Guide