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Ethiopian Airlines orders 5 Boeing 777 freighters

Ethiopian Airlines (ETHA.UL) has emerged as the unidentified buyer of five Boeing (BA.N) current-generation 777 freighters reported this week, two people familiar with the matter said.

The order, posted as an unnamed airline in Boeing's monthly orders update on Tuesday, is separate from a recently announced provisional agreement by Ethiopian for later deliveries of five of a successor model, the 777X freighter, also known as the 777-8 cargo version.

Ethiopian ordered the current-generation 777 freighters to meet near-term cargo demand, the sources said.

Boeing declined to comment. The airline did not respond to a request for comment.

It was not immediately clear whether the airline would press ahead with both sets of orders, but several airlines have been aggressively adding capacity to address a boom in cargo demand.

The airline operates Africa's largest cargo terminal from its Addis Ababa hub. Read More...

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