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Sun 20 Aug 2006 04:00 AM

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LoadAir signs up for two Boeing 747s

LoadAir Cargo, a recently launched air freight operation based in Kuwait, has kick-started its operations by signing a US$494 million order with Boeing for two 747-400 extended range freighters.

LoadAir Cargo, a recently launched air freight operation based in Kuwait, has kick-started its operations by signing a US$494 million order with Boeing for two 747-400 extended range freighters.The aircraft, scheduled for delivery in early 2009, were signed up at last month’s Farnborough Airshow in the UK. “This major investment demonstrates our commitment to building a world-class cargo airline business,” said Sheikh Khalifa Ali Al-Sabah, LoadAir Cargo’s chairman. “The 747-400ERF has demonstrated the ability to perform unmatched cargo operations across the globe, and we look forward to employing our new freighters to offer a competitive solution to customers worldwide,” he said.Founded in 2005, LoadAir has been granted an exclusive license to carry cargo to and from Kuwait. The freight operator plans to develop local, regional and inter-continental cargo operations that will be managed from Kuwait City.Lee Monson, Boeing’s vice president of sales for the Middle East and Africa, said: “Two of the things we truly value are signing on new customers and working together with new operators to help them achieve success. In selecting the 747-400ERF, we are confident that LoadAir joins a group of cargo operators that are flying the demonstrated superior heavy freighters in operation today.”The 747-400ERF has a maximum take-off weight of 910,000 pounds, a maximum payload of 248,600 pounds and a maximum range of 4970 nautical miles. The airplane’s distinct nose-door helps increase revenue by accommodating high-value outsize shipments, and with the side-door, provides improved efficiency and flexibility.

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