Boeing, Silk Way Airlines celebrate delivery of two 747-8 Freighters – UPDATED

Boeing (NYSE: BA) and Silk Way Airlines today celebrated the delivery of
the airline’s two 747-8 Freighters. The first airplane delivered last week and
the second airplane delivered today. Both new 747-8 Freighters will bring new
levels of efficiency to the Baku,
Azerbaijan-based cargo carrier.

“We strive to be a successful and profitable cargo operator by
investing in our fleet and our services, and by continuing to increase our
regional and international footprint,” said Zaur Akhundov, president, SW
Holding, parent company of Silk Way Airlines. “The delivery of our new
747-8 Freighters is a sound step forward in that direction.”

Silk Way Airlines is considered as one of the leading cargo carriers in
the region, providing full-fledged services to Europe, the United Kingdom and Middle East, as well as the
Far East including South Korea,China and Hong
. In addition, the carrier also serves international
destinations through a network of alliances, operating 747-400 Freighters and
767-300 Freighters.

“We are very proud of our continued partnership with Silk Way
Airlines and today we have double the reasons to celebrate,” said Marty
Bentrott, vice president of Sales, Middle East, Russia, and Central Asia,
Boeing Commercial Airplanes. “The 747-8 Freighter is the most efficient
large freighter in service and the two new airplanes will now serve some of the
world’s high-growth markets.”

The new 747-8 Freighter gives cargo operators the lowest operating costs
and best economics in its class while providing enhanced environmental
performance. The airplane is optimized to provide greater revenue
cargo-carrying capability than the 747-400, offering 16 percent more cargo
volume while keeping its iconic nose door. With more than 340,000 hours in
service, the 747-8 Freighters are achieving performance milestones with
To date, Boeing has delivered 49 747-8 Freighters.

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