LOUISVILLE, Feb. 5, 2007 – UPS (NYSE:UPS) today announced it had ordered 27 new Boeing 767-300ER freighters to support its growing package business while providing broad options for the management of its jet fleet.

The 27 aircraft will be delivered between 2009 and 2012. The value of the contract was not disclosed.

UPS continues to experience strong growth in its international package business, with average export volume climbing 12% in 2006 alone, and the wide-body 767’s can be used on routes to and from Europe and Latin America as well as on lanes within Asia and Europe. Furthermore, the 27 new freighters will allow UPS Airlines to improve the efficiency and speed of its air network as it eventually replaces aging aircraft.

“The Boeing 767-300ER freighter already is part of our current air fleet and we know from experience what a great workhorse it is,” said Bob Lekites, UPS Vice President for Airline and International Operations. “It’s also a good answer to our fleet management needs because it provides great flexibility, fast time in transit and sound cost performance. In addition, we already have the pilot training, ground support and maintenance systems in place, making for a seamless integration.”

The 767-300ER freighter entered service with UPS in 1995. Powered by General Electric jet engines, the plane can carry 24 containers on its upper deck and seven containers in the lower cargo compartments. It has a maximum payload of 132,200 pounds and a range of 3,000 nautical miles.

“This is a great aircraft for the long-term needs of our company,” noted David Abney, UPS’s chief operating officer and president of UPS Airlines. “It will support our growth; it meets the strictest noise and emission standards in the U.S. and Europe, and each one will have state-of-the-art navigation and collision avoidance systems that will serve us for years to come.

The order for the 27 B-767s is not related to UPS’s on-going review of its order for 10 Airbus A380 freighters. The A380s are planned to be utilized on specific long-haul routes currently serviced by B-747 and MD-11 freighters.

UPS, which celebrates its 100th anniversary in 2007, is the world’s largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide.

Thanks, but this is old news. See previous thread title "UPS purchases 27 new 767-300ER's".

I heard from my cousin who's wife works with a guy who is neighbors with a truck dispatcher that on Monday UPS will be announcing 20 more 747-400's PLUS 40 747-8F's.

Now, had you said "van driver" instead of truck dispatcher, then I would believe you. They seem to know everything!

No, but can you say 330's????

Do you really think we're getting 330s? Why not more 767s, 777s, or 747s?

I don't really think we are but that is a rumor that I have heard from several folks. Something about how UPS is going to cancel the 380 but is obligated to spend that money with AB. Again, I don't know if I believe it, but it is from the same group that told me we were getting new 76's a few weeks ago.

I have also heard the 330 rumor...one would think more 300s would make more sense than taking on ANOTHER fleet type...

It doesn't look like UPS will have to cancel the 380, other customers cancellations and Airbus' failure to deliver will likely take care of that. UPS is looking at several other options. Whether Airbus will still be producing aircraft in the future of the type UPS and FEDEX are seeking remains to be seen.