Emirates Places Order for 42 Boeing 777stitle
- Airline Makes Largest Firm Order for the 777 in History, with 20
Additional Purchase Rights
- Order will Bring Total 777s in Emirates Fleet to 93, Making It the
Worlds Largest 777 Operator
DUBAI, United Arab Emirates, Nov. 20 /PRNewswire-FirstCall/ -- The Boeing
Company (NYSE: BA) and Emirates today announced they have concluded contract
negotiations for a firm order for 42 Boeing 777 airplanes with purchase rights
for 20 additional airplanes. The deal was announced by Emirates Chairman H.H.
Sheikh Ahmed bin Saeed Al-Maktoum at the Dubai Air Show and is valued at $9.7
billion at list prices.
Emirates order is for 24 Boeing 777-300ERs, 10 777-200LR Worldliners and
8 777 Freighters, with the first airplanes scheduled for delivery in 2007.
"Were honored that Emirates has again chosen the 777 and will now use
the entire 777 family as a cornerstone of its fleet operations," said Alan
Mulally, Boeing Commercial Airplanes president and chief executive officer.
"Emirates is renowned for its quality and excellence and were excited to see
how the airline and its passengers will benefit from the superior economics,
comfort and utility of the 777 models ordered today."
When current orders are delivered by late 2007, Emirates fleet will
include 51 Boeing 777s, already making it one of the worlds largest 777
fleets. This new order for 42 Boeing 777s will see the airline becoming the
largest Boeing 777 operator in the world.
"We have had very positive results with the Boeing 777s already in our
fleet," said Emirates Chairman H.H. Sheikh Ahmed bin Saeed Al-Maktoum. "These
new airplanes are perfectly suited to our business model for continued growth,
both in cargo and passenger traffic, while maintaining the high level of
comfort and exceptional service our passengers expect."
Emirates will use the 777 Family to extend routes to key European and
Asian cities, and fly to emerging markets. The 777-200LR, which recently broke
the world distance record for a commercial airliner, will allow Emirates to
open new direct service to destinations across the globe, including direct
flights to the U.S. West Coast. The airline currently serves over 75
destinations and continues to grow, including a 27% volume increase in cargo
through its subsidiary Sky Cargo.
The 777-200LR is the worlds longest-range commercial jetliner and is
capable of connecting virtually any two cities around the globe. It will carry
more passengers and more revenue generating cargo farther than any jetliner.
In service, the 777-200LR can carry 301 passengers and baggage up to 9,420
nautical miles (17,445 kilometers).
The 777 Freighter, based on the -200LR airframe, will deliver value to the
worlds cargo operators, featuring the lowest trip cost of any large freighter
and excellent tonne-kilometer economics. The 777 Family has proven itself to
be the leader in delivering twin-engine efficiency to the marketplace with
lower fuel consumption, maintenance costs and operating costs.
All of the Boeing 777s included in this order by Emirates will be powered
by General Electrics GE90 jet engine family and will meet QC2 noise standards
for maximum accessibility to noise-sensitive airports.
Emirates firm order for 42 777s marks a milestone in Boeings
overwhelmingly successful airplane program. The airline is credited with the
777th order for a Boeing 777, bringing the total number of 777s ordered by 43
airlines around the world to 779 airplanes.
