Emirates signs $8.8bn deal for 30 Boeing 787 Dreamliner
Total value of Emirates’ firm aircraft orders announced at the 2019 Dubai Airshow now stands at US$ 24.8 billion
Emirates has signed an order for 30 Boeing 787 Dreamliner aircraft worth $8.8 billion at the Dubai Airshow 2019.
The deal follows an US$16bn order for 50 Airbus SE A350 wide-bodies placed by the airline on Monday, taking Emirates’ firm aircraft commitments at the 2019 Dubai Airshow to US$ 24.8 billion.
The new order involves 10 jets fewer than an outline agreement dating to 2017 which cuts back on the purchase of the US manufacturer’s larger 777X. Emirates will take 126 777s, a reduction of 24 planes from an accord signed in 2014.
HH Sheikh Ahmed bin Saeed Al Maktoum, Emirates Chairman and Chief Executive, signed the agreement with Stanley Deal, President and Chief Executive Officer for Boeing Commercial Airplanes.
HH Sheikh Ahmed said: “I am pleased to announce a 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 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.”
787s will expand "operational flexibility"
He added that the 787s would complement the fleet mix by expanding operational flexibility in terms of capacity, range and deployment, connecting new city pairs and expanding frequencies. Sheikh Ahmed added that Emirates was confirmed in its commitment to the Boeing 777x programme and looked 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.”
Stanley Deal of Boeing Commercial Airlines added: “We are excited to finalise 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 honour to build on our successful partnership with Emirates and continue to sustain many jobs at Boeing and our supplier partners.”
Deliveries commence 2023
Deliveries will commence in May 2023 and continue 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.
The order is expected to create and support more than 45,000 additional jobs in US aerospace manufacturing both within Boeing and across the US supply chain.