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Monday, November 14, 2011

Emirates Places $18 Billion Boeing Order

Dubai-based Emirates Airlines announced on Sunday an order for 50 Boeing 777-300ERs, with an option for an additional 20, an order valued of $18 billion, the single largest commercial airplane order in Boeing’s history by dollar value.

“We have an ambitious and strategic plan to continue growing our international network and especially increasing our long-haul, non-stop routes,” said His Highness Sheikh Ahmed bin Saeed Al Maktoum, Emirates chairman and chief executive. “This order supports our fleet expansion and reiterates our commitment to operating a modern fleet for the benefit of our passengers and to ensure efficiency as well.”

Boeing said Emirates is the world’s largest 777 operator with a fleet of 94 777s through direct purchase and lease, plus additional unfilled orders on backlog for 41 777-300ERs. Emirates is the only airline to operate every model in the Boeing 777 family.

The announcement was made at this week’s Dubai Air Show.

Also on Monday, Oman Air announced an order for six Boeing 787-8s. The airline completed an arrangement with Boeing and Kuwait-based leasing company ALAFCO to transfer existing orders for the six Dreamliners from ALAFCO to Oman Air.

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