SUBSCRIBERS
Boeing, Russian airfreight firm close to US$4b deal to revive B747
Add BT as a preferred sourcePublished Mon, Jun 20, 2016 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Chicago
BOEING Co is nearing a US$4 billion deal with Russia's largest air freight company that would help extend the life of the iconic, hump-nosed 747 jumbo jet amid waning demand for four-engine aircraft, people close to the transaction said.
The US planemaker is in advanced talks with AirBridgeCargo Airlines and its Moscow-based parent, Volga-Dnepr Group, to convert a year-old commitment into more than 10 firm orders for 747-8 freighters, two of the sources said.
Share with us your feedback on BT's products and services
