Boeing, Guggenheim Announce Freighter Conversion Deal

Boeing and Guggenheim Aviation Partners announced a deal to purchase four 747-400 Special Freighters. Guggenheim is purchasing four passenger airplanes through Boeing Aircraft Trading, with Boeing Commercial Aviation Services managing conversion of the airplanes to freighters. Guggenheim will make the Special Freighters available to cargo operators starting in 2007.

"This is an excellent example of Boeing's many strengths coming together for a strategic customer," said Dinesh Keskar, senior vice president of sales and president of Boeing Aircraft Trading. "As the newest 747-400 Special Freighter customer, Guggenheim can offer the world's premier freighter to the world's air cargo operators."

"Guggenheim Aviation Partners is capitalizing on the growing demand for Boeing 747-400 freighters, and establishing an early-mover advantage by securing a passenger to freighter conversion option," said Guggenheim's Stephen Rimmer.

For further information:
Vicki Ray
Boeing Commercial Aviation Services
mobile: (206) 852-3319