Investment in the 777 Freighters is a direct answer to the growing demand for global express capacity
DHL Express announced an order for 14 Boeing 777 Freighters at the Farnborough International Airshow. The order also includes options and purchase rights for 7 additional aircraft. The delivery of the first four planes is expected to be completed in 2019.
Ken Allen, CEO, DHL Express, explains: "The acquisition of the 14 Boeing airplanes reflects a gradual replacement of our older intercontinental fleet.
“As the most fuel-efficient, most reliable freighter type with the best long-haul range, these aircraft will contribute to our emissions reduction targets and allow us to serve even more markets with non-stop flights.
“DHL was an early adopter of this type of aircraft for the logistics industry and took delivery of the 3rd B777F produced by Boeing in 2009. With extensive experience operating this freighter type, it has proven to be superior in all aspects of operation making it a logical choice,"
Overall, these 14 intercontinental plane replacements are capacity neutral, but operational wise with significant cost, efficiency and reliability benefits.
And, while DHL Express in the past has chiefly been leasing aircraft to operate its global network on the routes, the purchase of fully owned freighter aircraft will improve the cost position of the DHL Express division going forward. For 2018, pre-payments have already been included in the group Capex guidance.
Expanding cross-border e-commerce sales will grow to $4.48 trillion by 2021, which means a growth of 19.2 per cent per year.
DHL's investment in the 777 Freighters is a direct answer to the growing demand for global express capacity. Being the largest twin-engine cargo airplanes in the world, Boeing's 777 Freighters are capable of flying 4,900 nautical miles (9,070 kilometers) with a cargo load of 102 tons.
These state-of-the-art aircraft will reduce CO2 emissions by 18 per cent versus the aircraft being replaced. This will help us to contribute to greater sustainability in line with our climate protection target which is to reduce all logistics-related emissions to zero by the year 2050.
Read More: FedEx to Buy 24 Boeing Air Freighters