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UPS buys first used Boeing 767s as new ones are out of reach

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UPS in October ordered 14 larger Boeing 747 jumbo jets valued at US$5.3 billion amid strong package-volume growth in China and Hong Kong.

Chicago

UNITED Parcel Service Inc has purchased its first used Boeing Co 767s, grabbing older models that are in high demand as package shipments increase globally and production slots for new versions of the plane are sold out.

The three passenger aircraft, 767-300ERs that will be

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