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FINANCIAL NEWS
Emirates airlines finalize USD56b Boeing order
12 Jul 2014
(MENAFN) Dubai airline Emirates finalized a USD56 billion order to buy 150 Boeing 777X jets, firming up a commitment made last year, just weeks after scrapping an order with rival planemaker Airbus, The Peninsula Qatar reported.
The deal includes purchase rights for an additional 50 airplanes which, if exercised, could increase the value to about USD75 billion at list prices, Boeing said in a statement.
“With the order for 150 777Xs, Emirates now has 208 Boeing 777s pending delivery, creating and securing jobs across the supply chain,” Emirates President Tim Clark said.
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