Boeing and leading private equity firm, Oak Hill Capital Partners, have announced an order for six Boeing 777 Freighters. The order is valued at about $1.4 billion, at list prices. The six-airplane order brings Boeing’s total for the twinengine freighter to 71 airplanes from 10 customers since its launch in May 2005. Oak Hill will be purchasing these planes through a new aircraft leasing platform that it is establishing in connection with the purchase.

The 777 Freighter is based on the 777-200LR Worldliner (Longer Range) passenger aircraft. The twin-engine freighter provides revenue payload capability of 104 tonnes with a range of 9,047 km, and the lowest trip cost of any large freighter.