Avion Group ordered four 777 freighters and took purchase rights on two more with deliveries beginning in February 2008. The aircraft will be offered on ACMI leases by Avion subsidiary Air Atlanta Icelandic. Additionally, Boeing said it is in "serious negotiations" to convert three of the carrier's 747-400 passenger aircraft into freighters. Boeing did not provide a separate value for the 777Fs but said that in combination with the possible conversion program, value of the transaction at ...

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