China Airlines to buy Boeing 777-8 freighters [Yahoo! Finance]
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Source: Yahoo! Finance
Taiwan's China Airlines will order four Boeing 777-8 freighters, a next-generation plane that isn't expected to reach the market until 2028, it said in a stock exchange filing. The airline said it would also buy 10 each of the Boeing 777-9 passenger jet and 10 Airbus A350-1000s. The total value of the transactions is $11.9 billion, although airlines typically get discounts for large orders. Each of the 777-8 freighters will cost up to $519 million. The passenger jets will replace an existing fleet of 10 777-300ERs and provide capability for future growth. China Airlines has more than 80 aircraft in its fleet, including nine Boeing 777-200 freighters and eight 747-400, but has said it will gradually phase out the older quad-engine jumbo jets. Boeing created the 777-8 program three years ago as a replacement for the legacy 777 freighter, which is scheduled to end production in late 2027 to comply with U.S. and international rules for reducing emissions and noise. Qatar Airway
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