Boeing
Boeing 767 Freighter cargo jet for UPS.

Boeing Supplying New 767 Freighters to UPS

Dec. 21, 2021
A multi-billion order will see Boeing deliver 19 wide-body cargo jets to UPS starting in 2023.

Boeing Commercial Airlines an order from UPS for 19 new 767 Freighters aircraft, with deliveries to take place between 2023 and 2025. The order could be worth up to $4.18 billion at the published list price, but neither the supplier nor the customer reported on the order’s value.

The Boeing 767 is a wide-body aircraft developed as a twin-engine complement to the 747 and introduced commercially in 1982. The 767 Freighter, based on the 767-300ER, was introduced in 1995 with UPS as the launch customer. Boeing has drawn orders for more than 270 767 Freighters since program launch, which includes 91 aircraft delivered to UPS over the past three decades.

The 767 Freighter carries more than 52 tons of revenue cargo, with intercontinental range.

"The Boeing 767 is the most versatile aircraft we operate," stated UPS U.S. Operations president Nando Cesarone. "Our plan to purchase 19 aircraft and take delivery between 2023 and 2025 aligns with the strategy and capital expenditure forecast shared during our June 2021 Investor and Analyst Day. It also supports our sustainability efforts by making our fleet more efficient and improving reliability."

Boeing noted the UPS order caps a successful year for the OEM’s freighter program. According to Boeing SVP Ihssane Mounir, "Since the program was launched, UPS has recognized the value of the 767 Freighter and utilized the airplane's outstanding cargo capabilities throughout its network. These new jets will enable UPS to meet expected near-term and long-term cargo demand with the proven economics, reliability and flexibility that are synonymous with the 767 Freighter."

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