Maersk Orders Two Boeing 777 Freighters

November 2, 2021 7:26 AM | 1 min read |

Boeing Co BA has received an order for two 777 Freighters from A. P. Moller Maersk A/S AMKBY. Financial terms were not disclosed.
The freighters will be operated by Star Air, Maersk's in-house aircraft operator, and is the company's first 777 order. Star Air currently operates an all-Boeing 767 Freighter fleet.
The 777 Freighter offers 17% better fuel efficiency and reduced CO2 emissions compared to legacy airplanes. With a range of 9,200 kilometers, the 777 Freighter can carry a maximum revenue payload of 102,000 kilograms, allowing Star Air to make fewer stops and reduce landing fees on long-haul routes.
Price Action: BA shares are trading lower by 0.43% at $213.65 during the premarket session on Tuesday.

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.