Free Newsletter
Register for our Free Newsletters
Airport, Border and Port Safety and Security
Left Nav Sep
Left Nav Sep
Civil Aircraft
Left Nav Sep
Civil Airlines, Airports and Services
Left Nav Sep
Communications and Navigation
Left Nav Sep
Education, Training and Professional Services
Left Nav Sep
Manufacturing and Materials
Left Nav Sep
Military and Defence Facilities
Left Nav Sep
Military Aviation
Left Nav Sep
Military Vehicles
Left Nav Sep
Naval Systems
Left Nav Sep
Personal Equipment
Left Nav Sep
Software and IT Services
Left Nav Sep
Space and Satellite
Left Nav Sep
Weapons, Ammunition and Explosives
Left Nav Sep
View All
Other Carouselweb publications
Carousel Web
Defense File Logo
New Material Logo
Pro Health Service Zone
Pro Manufacturing Zone
Prosecurity Zone
Web Lec Logo
Pro Engineering Zone

Boeing - Boeing 777 Freighters for lease to AeroLogic

Strict Standards: Only variables should be passed by reference in /home/defensef/public_html/components/com_zone/handleHTML.php on line 623
: 28 January, 2008  (Application Story)
Boeing today announced that Deucalion Capital VII Limited ('Deucalion'), a company advised and managed by DVB Bank AG, has purchased eight Boeing 777 Freighters for lease to AeroLogic, a new joint venture airline formed by Lufthansa Cargo and DHL Express.
Valued at $2 billion at list prices, the eight 777 Freighters were ordered by Avion Group of Iceland in 2005. Avion Group terminated its order and the airplanes were picked up by Deucalion in late 2007.

Deucalion will lease the freighters to AeroLogic, the joint venture first announced by Lufthansa Cargo and DHL Express last year, for cargo services on European-Asian routes. AeroLogic will operate out of Leipzig, Germany.

'The 777 Freighter's twin-engine fuel efficiency, low noise and overall capability are perfectly suited for our new cargo service out of Leipzig,' said AeroLogic Managing Director Dr. Thomas Papke. 'Its combination of long range and maximum payload make it a highly economical and profitable freighter. I can't imagine another freighter that would work as well as the 777 Freighter in meeting our demanding environmental and performance targets.'

The 777 Freighter will be capable of flying 4,885 nautical miles (9,045 kilometers) with a full payload, making it the world's longest-range freighter. With the lowest trip cost of any large freighter and excellent ton-mile economics, the 777 Freighter will build on the 777 family's demonstrated success in delivering lower fuel consumption, maintenance costs and operating costs than other airplanes in its class.

'As one of the newest members of the Boeing family of freighters, the 777 Freighter is a symbol of our commitment to offering customers the most capable and efficient freighters in the world,' said Marlin Dailey, vice president of Sales for Europe, Russia and Central Asia, Boeing Commercial Airplanes. 'With a record 83 orders for freighters in 2007, our freighter family is recognized by customers around the world as offering superior performance. I look forward to our partnership with AeroLogic as the 777 Freighter becomes a cornerstone of its success.'

Bookmark and Share
Home I Editor's Blog I News by Zone I News by Date I News by Category I Special Reports I Directory I Events I Advertise I Submit Your News I About Us I Guides
   © 2012
Netgains Logo