Boeing, Emirates finalise order for 150 airplanes worth $56b

Tags: News
Boeing and Emirates Airline have finalised an order for 150 777Xs airplanes for $56 billion at list prices.

The order -- a combination of 115 777-9Xs and 35 777-8Xs -- also includes purchase rights for an additional 50 airplanes that, if exercised, could increase the deal value to approximately $75 billion at list prices.

"With the order for 150 777Xs, Emirates now has 208 Boeing 777s pending delivery, creating and securing jobs across the supply chain," said Emirates President Sir Tim Clark.

Design of the 777X is underway and production is set to begin in 2017, with first delivery targeted for 2020.

"Today Emirates operates more than one in every 10 Boeing 777s aircraft built. We fly 138 of these efficient planes across the globe spanning the USA and Latin America in the West, to New Zealand and Japan in the East," Clark said.

We are extremely proud to have Emirates, the world's largest 777 operator, continue its long-standing partnership with Boeing by becoming the largest launch customer for the 777X," said Boeing Commercial Airplanes President and CEO Ray Conner.

Meanwhile, Emirates has also received its 50th A380 aircraft, which takes its all wide-body fleet to 224 aircrafts, representing the world's largest fleet of A380s.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Exchange managements must distinguish between speculation and gambling

    Every bull run in the Indian equity market raises the spectre of excessive speculation.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

Building smart cities the Indian way

Today more than half of the world’s population lives in ...

Zehra Naqvi

The mere display of power is not success

The stars are not afraid to appear like fireflies —Rabindranath Tagore ...

Dharmendra Khandal

Let the tiger breathe in its natural home

The world has been observing July 29 as International Tiger ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture