Silk Way West Airlines signs strategic fleet expansion agreement with Boeing, purchasing 5 Boeing 777 freighter aircraft

In order to expand its fleet to meet growing demand for cargo transportation, Silk Way West Airlines has signed a purchase agreement with Boeing. According to the agreement, Silk Way West Airlines will purchase five state-of-the-art Boeing 777 Freighter aircraft, with delivery planned over 2023-2027. The agreement was signed at a ceremony in Baku on April 28, 2021 attended by Rashad Nabiyev, Minister of Transport, Communications and High Technologies of the Republic of Azerbaijan, Zaur Akhundov, President of Silk Way Group, Ambassador Extraordinary and Plenipotentiary of the United States of America to the Republic of Azerbaijan Earle D. Litzenberger, Stan Deal, President and Chief Executive Officer of Boeing Commercial Airplanes. This is the first order for Boeing 777 Freighters in the Central Asia and Caspian region. The Boeing 777F is the largest twin-engine freighter on the market, with a range of 9,200 km and a maximum payload of 102,000 kg. As the world’s most efficient and environmentally friendly freighter, the latest additions to the Silk Way West fleet will contribute to the airline’s sustainability goals, as well as being a particularly cost-effective option in terms of maintenance and operating expenses.

“We envision an integrated transport network in Azerbaijan, and airline transportation plays a critical role in this. I believe this contract will help solidify Azerbaijan’s position as a regional transportation hub and a reliable airline partner in international trade and commerce,” said Nabiyev.

“The signing of this agreement is a new milestone in the growth of our company. I am confident that the acquisition of these new aircraft and the start of this project will further strengthen the company’s leading position in the global air freight market for the next 15-20 years,” adds Akhundov.