All Nippon Airways (ANA) has placed an order with Boeing for two new 777 Freighters valued at US$678m according to list prices.
While ANA is a major operator of the 777 passenger jet, it has grown its cargo operation with the medium-sized 767 Freighter. In adding the 777 Freighter ANA is expanding its cargo capabilities just as the air freight market keeps growing at historically high rates.
Last year, the global air cargo market grew 9 percent, more than double the long-term projected growth rate of about 4.2 percent. In January, the above-trend growth continued with an 8 percent increase in demand. Industry experts say the strong performance reflects global economic trade, fueled in large part by expanding e-commerce.
ANA says it plans to fly its new 777 Freighters on international routes, particularly to Asia, China, and North America. With this order, ANA will become the first airline in Japan to operate 777 Freighters.
