Aircraft
Boeing Inks 747-8F Order, Sees Strong Cargo Market
The conversion of an option for 14 747 freighters into a firm order by UPS, pushes, Boeing's cargo carrier backlog to more than 100.
This latest UPS order increases Boeing’s backlog to more than 100 freighters across the 747, 767 and 777 lines.
This latest UPS order increases Boeing’s backlog to more than 100 freighters across the 747, 767 and 777 lines.

Global delivery company UPS has exercised an option with Boeing to order another fourteen 747-8F freighters, in essence doubling the order it placed in 2016 for the four-engine widebody. “As we celebrate the 30th anniversary of UPS Airlines today, we are seeing unprecedented demand for our air products,” stated 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.” The UPS deal also includes four 767 freighters.

According to Randy Tinseth, the airframer’s vice president of marketing, with its current production pace of six 747-8Fs a year, that will extend its production of the aircraft out into the next decade.