Emirates buys 39 Boeing 787-9 jets worth $8.8 billion

Following the $16 billion Airbus A350 order, Emirates’ aircraft orders this week now valued at $24.8 billion

Emirates has signed a full-purchase agreement for 30 0'>Boeing 787-9 aircraft, worth $8.8 billion (£6.7bn, €8bn).

The deal includes Boeing 787 Dreamliners, with deliveries starting in May 2023 and continuing for five years.

For the 777X, Emirates will enter into discussions with Boeing on the status of deliveries over the coming weeks. This deal takes Emirates’ total order with Boeing to 126 Boeing 777X aircraft.

Including the recent $16 billion 0'>Airbus A350 order it takes the total value of Emirates’ firm aircraft commitments at this week’s 2019 Dubai Airshow to $24.8 billion.

The airline giant has exercised its right to substitute 777X Boeing aircrafts for 787s.

HH Sheikh Ahmed bin Saeed Al Maktoum, Emirates chairman and chief executive, said the purchase is an “important investment”. He said it is “an 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”.

What is your sentiment on BA?

139.08
Bullish
or
Bearish
Vote to see community's results!

Emirates is the leading buyer of the Airbus A380, the world’s largest airliner, with 123 of the planes in its fleet.

From its hub in Dubai, the airline serves over 150 cities on six continents.

Further reading: Airbus’s largest cargo aircraft receives approval from European authorities

Further reading: Boeing seeks green light for 737 MAX deliveries

The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com Bel LLC or its partners. We do not make any endorsements or warranty on the accuracy or completeness of the information that is provided on this page. By relying on the information on this page, you acknowledge that you are acting knowingly and independently and that you accept all the risks involved.
iPhone Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with the help of crypto or fiat
iMac Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with the help of crypto or fiat
iMac Image