To meet it customer's growing capacity needs, EVA Air will be adding another Boeing 777 Freighter.
According to the Taipei-based airline, the carrier's Board of Directors have authorized the purchase of the additional 777 Freighter which is expected to be delivered by the end of 2023.
Currently operating 8 of the 777 Freighters, EVA Air plans to grow its freighter fleet to 12. This will include the conversion of three of its Boeing 777-300ER passenger jets to freighters which are contracted with Israel Aerospace Industry Corporation (IAI).
"We continually evaluate passenger and cargo market needs so that we can appropriately increase capacity, meet demand and enhance our risk management capabilities. We also regularly review our fleet composition and develop strategies that will best equip us to secure a competitive edge in these markets,” said EVA President Clay Sun.
"Boeing estimates that the air cargo market will increase at an annual compound growth rate of 4.0 to 4.6% over the next 20 years. By 2040, Boeing forecasts that the global freighter demand will climb by more than 70%. To accommodate this expected airfreight market expansion, our own long-term flight network planning and business demands, we remain on the lookout for the best next-generation freighter,” Sun continued. “Our immediate and long-term goals are the same. We aim to thrive in the booming air cargo markets of today and in the future, sustain the flexible services and unmatched reliability we are known for, and, at the same time, help meet global conservation and environmental goals."
The Boeing 777 Freighters will add to the fleet of 34 Boeing 777-300ER passenger jets the airline operates.