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Wash., Oct. 5, 2011 /PRNewswire/ – Boeing (NYSE: BA) and Ethiopian Airlines today announced an order for four Boeing 777 Freighters, making Ethiopian Airlines the first African carrier to order the twin-engine freighter. The order is valued at approximately $1.1 billion at list prices and was previously attributed to an unidentified customer on Boeing’s website.”As the largest African cargo carrier operating in some of the fastest growing trade lanes of the world – between Africa and Europe, Middle East and Asia – the new 777 Freighter fleet will significantly enhance our tonnage and range capabilities,” said Tewolde Gebremariam, CEO of Ethiopian Airlines. “The proven operational and economical efficiency of these airplanes will reposition Ethiopian Cargo in a stronger place to continue winning in this hypercompetitive market.

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