Lufthansa Cargo Finalizes Order for Five Boeing 777 Freighters

Lufthansa Cargo has finalized an order for five Boeing 777 Freighters. The order is valued at $1.35 billion, based on Boeing list prices. Lufthansa Cargo had previously indicated its intention to order the freighters in March 2011.

"The 777 freighter is highly regarded for its fuel efficiency and a noise footprint significantly smaller than comparable freighters," said Karl Ulrich Garnadt, chairman and chief executive officer of Lufthansa Cargo. "We are certain that these airplanes will benefit our customers greatly, as experienced by our AeroLogic joint venture, which already operates eight 777 Freighters."

AeroLogic, a joint venture of Lufthansa Cargo and DHL Express, became the fourth carrier to operate the 777 Freighter in May 2009.

The 777 freighter can fly 4,900 nautical miles (9,070 kilometers) with a full payload of 225,200 pounds (102 metric tons). They are powered by General Electric's GE90-110B1L engines and meets QC2 noise standards for maximum accessibility to noise-sensitive airports.

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