SUBSCRIBERS

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

Published Sun, Apr 9, 2017 · 09:50 PM

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 converted to carry freight, were bought "within the past couple of days," UPS spokesman Jim Mayer said on Friday. He declined to identify the seller or the cost and couldn't say when the new planes will begin flights for the Atlanta-based courier. The …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Transport & Logistics

GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Boeing reports first revenue drop in 7 quarters as deliveries decline
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales

Companies & Markets

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

Transport & Logistics

GM CEO Barra compensation fell 4% in 2023 to US$27.8 million

Boeing reports first revenue drop in 7 quarters as deliveries decline

Volkswagen to keep China market share stable as price war rages

COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill

Tesla profits tumble but shares rise on new vehicle plan

Volvo Cars see good demand this year after higher Q1 unit sales

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT