Associated Press
EVERETT, Wash. -- Boeing Co. said Wednesday that it has
received an order from Ethiopian Airlines for four freight aircraft, a deal
valued at about $1.1 billion.
The order for the Boeing ( BA
- news - people ) 777 Freighters makes Ethiopian Airlines the first African
carrier to order the twin-engine aircraft, Boeing said.
Ethiopian Airlines CEO Tewolde Gebremariam said the addition
of the planes will significantly enhance the company's cargo-carrying
capability and range.
"The proven operational and economical efficiency of
these airplanes will reposition Ethiopian cargo in a stronger place to continue
winning in this hypercompetitive market," he added.
The Boeing 777 Freighter can fly 4,900 nautical miles with a
full payload of 225,200 pounds.
Boeing shares added 4 cents to $60 in aftermarket trading.
The stock ended the regular trading session up 82 cents at $59.96.
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