Boeing Clinches US$8.8 billion Order for 30 B787s from Emirates

By IndraStra Global News Team

Image Attribute: Emirates firms up to US$8.8 billion order for 30 Boeing 787s at 2019 Dubai Airshow / Source: Emirates

On November 20, 2019, Dubai-based Emirates Airlines announced that it has signed a full purchase agreement for 30 Boeing 787-9 aircraft, worth US$ 8.8 billion at list prices, at the Dubai Airshow 2019. Under its agreement with Boeing, Emirates has exercised its right to substitute the B777x with B787s.

This deal includes Boeing 787 Dreamliners, with deliveries commencing in May 2023 and continuing for the next five years. For the B777X, Emirates will enter into discussions with Boeing over the next few weeks on the status of deliveries. This takes Emirates’ total order with Boeing to 126 Boeing 777X aircraft.

HH Sheikh Ahmed bin Saeed Al Maktoum, Emirates Chairman, and Chief Executive said: "I am pleased to announce firm order for 30 Boeing Dreamliners. This is an important investment and addition to our future fleet and network requirements, providing us the agility, flexibility, and spread of seat segments when it comes to the overall capacity to serve a range of destinations as we develop and grow our global route network. This also reflects Emirates' continued efforts to provide the best quality air transport services to our customers.

The 787s will complement our fleet mix by expanding our operational flexibility in terms of capacity, range, and deployment to connect new city pairs and expand frequencies. We are also pleased to reaffirm our commitment to the Boeing 777x program and look forward to its entry into service."

Sheikh Ahmed added: "Our Boeing fleet is key to our business model to serve international demand for travel to and through our Dubai hub, as we continue to contribute to the UAE's strategy to become a global destination for business and tourism by providing high-quality air connectivity."

Boeing's Executive VP/President & CEO: Commercial Airplanes Stanley Deal said: “We are excited to finalize this important order from one of the world’s leading airlines. Our agreement solidifies Emirates’ plan to operate the 787 Dreamliner and the 777X, which make up the most efficient and most capable wide-body combination in the industry. It is an honor to build on our successful partnership with Emirates and continue to sustain many jobs at Boeing and our supplier partners.”