UPS up air capacity with 18 new freighters

UPS has ordered 14 Boeing 747-8 and four Boeing 767 freighters to meet growing demand for air services.

The new aircraft are to be delivered on an expedited schedule, building on the company’s 2016 order of 14 Boeing 747-8 freighters.

All of the 32 jets will be delivered by the end of 2022. Currently, UPS’ global airline network includes more than 500 owned and leased aircraft. UPS received three new 747-8 freighters in 2017.

“Our intra-US next-day and deferred air shipments are expanding to record levels, and UPS’s International segment has produced four consecutive quarters of double-digit export shipment growth,” said chairman David Abney.

“To support this strong customer demand, we continue to invest in additional air capacity, providing the critical link our customers need to markets around the world.”