News: Silk Way nears deal on B747-8F trio
Plane maker Boeing and Azerbaijan-based cargo airline Silk Way West are finalising terms on a purchase agreement for three B747-8 freighters.
When completed, the contract will be valued at more than $1.1bn, at current list prices.
“Silk Way Group is a longstanding customer and operator of Boeing’s products and services,” said Marty Bentrott, vice president, Middle East, Russia and Central Asia Sales, Boeing Commercial Airplanes.
He added: “We value our partnership with Silk Way West and are grateful for their enduring confidence in Boeing and the 747-8 freighter.”
Silk Way West is an enterprise of the Silk Way Group, which includes 23 companies working in the aviation industry and related services.
The airline currently operates seven Boeing airplanes, including two B767-300Fs, three B747-400Fa and two B747-8Fs.
The 747-8F offers 16 per cent more revenue cargo volume than the 747-400F, while keeping its nose door.