Airbus finalises deal to sell seven A350 freighters to Singapore Airlines

The companies did not provide a value for the order, which was signed at the Singapore Airshow

Airbus SE said on Wednesday it has finalised a deal to sell seven A350 freighters to Singapore Airlines, in a deal that would make it the first airline to operate the new model.

Singapore Airlines had in December said it had signed a provisional agreement to buy the freighters.

"The order underscores the importance of the cargo market to the SIA Group," Goh Choon Phong, the airline's CEO, said in a statement. "These new-generation aircraft will substantially increase our operating efficiencies and reduce our fuel burn." The new freighters will replace Singapore Airlines' own fleet of seven ageing Boeing 747s.

The companies did