Boeing

Boeing [NYSE: BA] and Tokyo-based ANA (All Nippon Airways) today announced that the airline exercised options for two additional 767-300 Boeing Converted Freighters. ANA launched the 767-300BCF passenger-to-freighter conversion program in October 2005 with an order for three conversions and four options. Now the airline holds a total of five firm orders and two options.

ANA plans to use the converted freighters as part of its joint venture cargo operation called ANA & JP Express, with partners Japan Post, Nippon Express, and Mitsui O.S.K Lines.

Boeing will induct ANA's first airplane in April 2007 and redeliver by December. The value of the agreement is not being disclosed.

"Once again, Boeing has the right product mix," said Tomohiro Hidema, ANA executive vice president, Purchasing. "As our joint venture moves forward, we do so with confidence that both the 767 production and converted freighters will help us provide high quality, competitive air cargo services through ANA & JP Express."

"We are gratified that ANA has again chosen the Boeing family of freighters - this time a Boeing Converted Freighter - as a solution to meeting its needs," said Dan da Silva, vice president of Sales and Marketing for Boeing Commercial Aviation Services. "This deal is further evidence of the deep, long-term relationship with ANA that Boeing values so greatly."

Boeing's two Converted Freighter programs (the 767-300 BCF and 747-400 BCF) feature solid engineering and program management, quality workmanship, on-schedule delivery, access to MyBoeingFleet, an extensive suite of manuals, and the same level of ongoing customer support as the production airplanes