Boeing and Silk Way West Airlines Wednesday announced the private cargo operator will expand its international network with an order for five 777 Freighters. The deal marks the first purchase of the long-range, high capacity twin-engine freighter in the Caspian region and Central Asia.
“This deal is an incremental part of our fleet renewal and our commitment to meet our customers’ expectations. I am confident that the acquisition of new freighters will further strengthen our leading position on the global air freight market for the next 15 to 20 years,” said Zaur Akhundov, Silk Way Group president.
“Silk Way West Airlines has been rapidly expanding the geographic reach of its network. With the global air freight market forecasted to grow more than 60% over the next 20 years, this new order bolsters their ability to meet trade and e-commerce demand in the Commonwealth of Independent States, Europe, the Middle East, Asia and North America,” said Deal. “We are honored to partner with them and look forward to introducing the market-leading efficiency and capability of the 777 Freighter to its fleet of 747 Freighters.”
Founded in 2012, Silk Way West Airlines is the largest cargo airline in the Caspian Sea region with an annual cargo turnover of 350,000 tons. Based at Heydar Aliyev International Airport in Baku, the airline operates approximately 350 monthly scheduled flights to 40 destinations around the world, with a fleet of 10 Boeing 747 aircraft.