UPS Commits To Purchase 14 Additional 747-8F Freighters And Orders 4 New 767s VN

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Aircraft to Support Rapid Growth in U.S. and International Air Shipments

UPS (NYSE:UPS) today announced it has ordered 14 Boeing 747-8 cargo jets and four new Boeing 767 aircraft to provide additional capacity in response to accelerating demand for the company’s air services. All of the new aircraft will be added to the existing fleet and no existing aircraft are being replaced.

The aircraft will be delivered on an expedited schedule, building on the company’s 2016 order of 14 Boeing 747-8 freighters. All 32 of the jets will be delivered by the end of 2022, adding more than 9 million pounds of cargo capacity.  UPS’s global airline network includes more than 500 owned and leased aircraft. UPS received three new 747-8 freighters in 2017.

“Our intra-U.S. next-day and deferred air shipments are expanding to record levels, and UPS’s International segment has produced four consecutive quarters of double-digit export shipment growth,” said David Abney, UPS chairman and CEO. “To support this strong customer demand, we continue to invest in additional air capacity, providing the critical link our customers need to markets around the world.”

In addition to growing customer demand for express services, recent US tax reform legislation is enabling UPS to utilize tax savings to significantly increase capital

“As we celebrate the 30th anniversary of UPS Airlines today, we are seeing unprecedented demand for our air products,” said UPS Airlines President Brendan Canavan. “The new freighters will allow us to continue upsizing aircraft on routes and will create a cascading effect that will boost capacity on regional routes around the world.”

More information about the 747-8 freighter and the Boeing 767

The 747-8 freighter carries 46 shipping containers, 34 on its main deck and 12 in its lower compartments.  The -8 has a cargo capacity of 307,600 pounds, or approximately 30,000 packages and a range of 4,200 nautical miles. The Boeing 767 freighter has cargo capacity of 132,200 pounds and capacity for 31 air containers, 24 on the main deck and 7 in its lower compartments.  It has a range of approximately 3,000 nautical miles.  UPS currently operates 59 Boeing 767 aircraft.

The new -8 aircraft line has a strong industry safety, reliability, and environmental record. This capacity has both environmental and economic benefits. The 747-8 reduces noise by 30 percent quieter, carbon emissions by 16 percent compared to the current 747-400 and the MD-11 and it is 16 percent more fuel efficient

“UPS has clearly tapped into the power and efficiency the 747-8 Freighter brings to the market,” said Boeing Commercial Airplanes president and CEO Kevin McAllister. “We’re impressed with how UPS is leveraging the airplane in its operations and excited to see them bring additional 767s into their fleet.”

关于 UPS

UPS (纽交所: UPS) 是全球最大的包裹递送公司之一,2019 年营收为 740 亿美元,为 220 多个国家和地区的客户提供广泛的综合物流方案。公司有超过 500,000 名员工接受了一项说起来简单而且能够完全执行的策略:客户至上。以人为本。致力创新。UPS 致力于成为环境的管理者,并为我们在全球服务的社区做出积极贡献。UPS 同时以坚定不移之姿,支持多元化、公平性和包容性。UPS 公司的网址为 www.ups.com,更多信息请访问 www.pressroom.ups.comwww.investors.ups.com

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