Emirates airline orders 30 Boeing 787-9 Dreamliners worth $8.8 billion

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Abdul Basit

Emirates airline on Wednesday signed an agreement with Boeing to purchase 30 Boeing 787-9 Dreamliners for a total value of $8.8 billion, or Dh32.3 billion, bringing the carrier’s total orders at the Dubai Airshow $24.8 billion.

The agreement was the second one to be signed by Emirates at this year’s Dubai Airshow, after the airline inked an order on Monday for 50 Airbus A350 aircraft valuing $16 billion.

The deal was also the first deal awarded to Boeing from a UAE-based carrier at the Airshow as the company continues to face challenges with its grounded 737 Max’s and its yet-to-be-launched 777X models.

The Emirates’ deal on the 4th day of Dubai Airshow is a modification from an earlier order it made to Boeing for the purchase of 156 jets of the 777X model. That deal is now altered to include 30 of the 787 model, with the remaining 126 jets still of the 777X model.

It is stated that the delivery of the newly ordered aircraft will start in 2023. Shaikh Ahmad Bin Saeed Al Maktoum, Chairman and Chief Executive Officer of Emirates airline and Emirates Group, signed the deal at the Dubai Airshow and said the 787 jets will complement Emirates’ fleet mix.

Shaikh Ahmad said the airline remains committed to 777X’s, even as the model faces setbacks in its launch.

Also speaking at the signing ceremony was Tim Clark, President of Emirates airline, who described the 787’s as “one of the best aircraft flying today.”

“We’ve been looking at the 787 for a very long time, to be quite honest. In fact, at the Dubai Airshow in 2017, we signed a letter of intent to look at those, and hopefully get to this stage where we are today. We want to get the aeroplane into the network as soon as possible,” Clark said. – abdulbasit@theuaenews.com