Volga-Dnepr Group and CargoLogicHolding signed a Letter of Intent for 29 GE90-115B-powered Boeing 777 Freighters and five GEnx-2B-powered Boeing 747-8 Freighters. The engine order is valued at more than $2.5 billion (USD) list price.
"We have been working with GE for many years and feel confident in the level of quality of their engines. Together with high-end, sophisticated, and technologically advanced engines, we foresee seamless untilization of our existing fleet, as well as deployment of new aircraft," says Alexey Isaykin, President of Volga-Dnepr Group and the Chairman of CargoLogicHolding.
"GE is proud to be a part of Volga-Dnepr Group and CargoLogicHolding fleet expansion," says Chaker Chahrour, vice president and general manager of Global Sales & Marketing for GE Aviation. "The GE90-powered 777 Freighter and the GEnx-2B-powered B747-8 Freighter have outstanding records for performance and reliability and have established themselves in the cargo segment with their unique capabilities.