Showing posts with label B777 orders. Show all posts
Showing posts with label B777 orders. Show all posts

Thursday, July 10, 2014

Emirates finalizes $56 billion deal for 150 Boeing 777s

Emirates' 150-jet order includes 115 777-9X models and 35 of the 777-8X version. The Associated Press adds "the list price for the 400-passenger 777-9X is $377.2 million, while the list price for the 777-8X - which can carry up to 350 passengers - is $349.8 million."

The deal also gives Emirates options for 50 additional 777s, which – if exercised – would boost the deal's list-price value to about $75 billion.

"With the order for 150 777Xs, Emirates now has 208 Boeing 777s pending delivery, creating and securing jobs across the supply chain," Emirates president Sir Tim Clark says in a joint statement from Boeing and Emirates.

"Today Emirates operates more than one in every 10 Boeing 777s aircraft built," Clark continues. "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. The 777X will offer us operational flexibility in terms of range, more passenger capacity and fuel efficiency, and we look forward to inducting them into our fleet from 2020."

Reuters writes Emirates' blockbuster 777 order "follows the surprise cancellation in June of a $16-billion order by Emirates to buy 70 of Airbus' A350 aircraft, which delivered a blow to the European planemaker's newest aircraft and hit its share price."

Reuters also notes Emirates' November airshow agreement with Boeing included Qatar Airways in a joint negotiation. "However, it was not clear whether the Doha airline had finalized its order yet," Reuters adds.

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