BAKU, Azerbaijan - Boeing and Azerbaijan-based Silk Way West have announced an order for three 747-8 Freighters valued at more than $1.1 billion at current list prices.
"Silk Way Airlines' success and profitability as a cargo operator is a direct result of investing in its fleet and services and growing its regional and international footprint," said Zaur Akhundov, president, Silk Way Group of Companies.
Silk Way West is an enterprise of the Silk Way Group, which includes 23 companies working in the aviation industry and related services. The airline currently operates seven Boeing airplanes, including two 767-300 Freighters, three 747-400 Freighters and two 747-8 Freighters.
With 56 747-8 Freighters in service with eight customers, the 747-8 Freighters have logged more than 500,000 flight hours and more than 88,000 flight cycles. Boeing says they are performing with the highest dispatch reliability and utilization of any four-engine airplane in service.
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