DHL Express continues to strengthen its global aviation network with the purchase of eight additional Boeing 777 Freighters

• The Express division of Deutsche Post DHL Group invests to meet continuous
  growth in cross border time-sensitive shipments
• Fleet modernization with highly
  efficient aircraft contribute to Strategy 2025 and Sustainability goals
• Boeing and DHL Express also
  agreed on the option to purchase four additional freighters 

SINGAPORE
– Media OutReach – 13 January 2021 – DHL Express, the
world’s leading express service provider and Boeing announced today that the
global logistics company placed an order for eight additional new Boeing 777 freighters.
The investment marks a further step in DHL Express’ expansion of its
intercontinental air network to meet customer demand in fast growing
international express shipping markets. First deliveries are scheduled for 2022.

DHL Express has placed an order for eight additional new Boeing 777 Freighters to meet growing customer demand for international express deliveries.

 

“Although the current
health crisis has pushed pause on several areas of life, global trade did not
stand still,” said John Pearson, CEO at
DHL Express. “Fueled by globalization,
digitalization and the unprecedented demand of our customers during the recent peak
season, our global e-commerce volume grew by more than 40 percent in Q4. With the order of eight new wide body freighter aircraft,
we underline our conviction that e-commerce is an enduring megatrend. This is
why we decided to act early and kick-off 2021 with this investment in our
future.”

 

The world’s largest and most capable twin-engine freighter,
the B777 supports future growth while providing outstanding
reliability. Furthermore, the aircraft will contribute to DPDHL Group’s sustainability
goals due to its fuel efficient technology reducing CO2 emissions by 18 percent
compared to the legacy B747-400s.

 

“A
highly efficient and reliable aviation network is key to our service
capabilities enabling future growth,” says Travis Cobb EVP Global Network
Operations and Aviation at DHL Express. “We are committed to providing the
highest quality and efficient services to our customers at the fastest possible
transit times.  At the same time, we are
also committed to reduce our carbon emissions by modernizing our fleet with the
most efficient aircraft type that is available in the industry. The Boeing 777
fits well into our intercontinental network and perfectly complements our sustainability
goal to achieve net zero emissions by 2050.”

 

The
777 Freighter is the world’s largest, longest range and most capable
twin-engine freighter with a range of 9,200 km (4,970 nautical miles) and can
carry a maximum payload of 102,010 kg (224,900 lbs). It allows DHL Express to
make fewer stops and reduce associated landing fees on long-haul routes,
resulting in the lowest trip cost of any large freighter.

 

“We remain optimistic about our growth prospects underscored by the
e-commerce boom and as globalization continues to assert its strength and
relevance,” said Ken Lee, CEO of DHL Express Asia Pacific. “In addition to
bolstering the approximately EUR 60 million that we have committed to boost our air network in
Asia Pacific from 2020-2022, these continued aviation investment will equally
help to ensure that we have the safest and fastest deliveries in the industry
as we assist with the delivery of Covid-19 vaccines to countries all over Asia.”

 

Preceding the new order announced today, DHL Express had already taken
delivery of the first ten new B777F aircraft as part of an original order of 14
aircraft made in 2018. These timely deliveries ensured that DHL could
accommodate the unprecedented demand during the peak shipping season.

 

Boeing’s
2020 World Air Cargo Forecast anticipates significant increase in demand for
new and converted freighters with a fleet growth of more than 60% over the next
20 years. This is reflected in the growing demand for cross border time
definite shipments that DHL Express is experiencing. For this reasons both
companies have also agreed on options and purchase rights for four additional
planes.

 

With
this step DHL Express underlines its long-term commitment as an enabler of
trade around the globe. The company operates over 260 dedicated aircraft with
17 partner airlines making over 600 daily flights across 220 countries and
territories.