Financial Ports

Boeing wins 3-year lifeline for 777 freighters as air cargo crunch bites

CLAVE 1 / 4The FAA has granted Boeing an exemption to produce 35 777 freighter aircraft beyond the 2028 emissions deadline.

CLAVE 2 / 4Without the waiver, Boeing would lose an estimated $15 billion in export sales.

CLAVE 3 / 4Air cargo volume is up 4.7% year-over-year, with spot rates rising 25%.

CLAVE 4 / 4Freighters now handle 60% of global air cargo volume, up from 50% pre-pandemic.

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