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UPS Purchases more 747-400s

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The Resourcer!
Joined
May 11, 2004
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UPS Purchases Three Additional Used 747-400s




Cargolux freighters to join UPS fleet in 2009, 2010

With its international business continuing to grow, UPS has purchased three used Boeing 747-400 freighters from Cargolux. UPS expects to take delivery of two of the aircraft in 2009 and one in 2010. The new freighters will fly on global trunk routes between North America, Asia, Europe and the Middle East.
“This is a great opportunity to purchase used aircraft with commonality to the UPS fleet,” said 747-400 Implementation Manager J Barnes. “These aircraft will further improve operational efficiencies and economies of scale for UPS, maximizing our capacity and making the best use of our landing slots.”
From their front-loading nose to their General Electric CF6 engines, the three 747-400s are an exact match to the eight new production freighters that UPS is purchasing from Boeing.
The purchase price for the 747-400s is not being disclosed and UPS will not discuss specific financial arrangements. The additions of the three aircraft fit into UPS’s fleet management strategy. The company is adding long-range lift to accommodate volume growth overseas and replace the soon-to-be-retired 747-100 and -200 fleets. The new -400s are also expected to fill in for the A380, after the announcement earlier this year that UPS intends to cancel its order for the Airbus superjumbos.
 

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