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Boeing Delivers 747-400ER Freighter to Nippon Cargo Airlines

EVERETT, Wash., Oct. 03, 2006 — The Boeing Company [NYSE: BA] and Nippon Cargo Airlines (NCA) celebrated the delivery of the airline’s newest Boeing 747-400 Freighter and the first delivery during the carrier’s new management plan, the “Phoenix Project.” The new airplane departed Paine Field in Everett today to join the all-747 NCA fleet, the first to do so since the Phoenix Project introduction earlier this year. The delivery was also the first for Boeing’s newly remodeled Everett Delivery Center.

The new airplane is NCA’s third 747-400 Freighter, and brings the airline’s freighter fleet to 12 airplanes, including seven 747-200s and two 747-100s, with seven 747-400 Freighters remaining on order. NCA is also a launch customer for Boeing’s new 747-8 Freighter, currently in development and scheduled for entry into service in 2009, with an order for eight airplanes.

The Boeing 747 Freighter family is the standard of the air cargo industry, providing more than half of the world’s freighter fleet capacity.