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FINANCIAL NEWS
Emirates to acquire 100 777s, if Boeing upgrades the model
09 Nov 2012
(MENAFN) Emirates’ chief, Tim Clark, stated that if Boeing upgrades the design of its wide-body 777, the UAE carrier will likely order 100 aircraft or more of the model, reported Emirates 24/7.
Clark said that Emirates has already ordered 175 Boeing 777s, adding that if the US plane manufacturer upgraded the aircraft with a newer model, then the airline will order more.
He added that in 2011, Emirates, which has the world’s largest fleet of Boeing 777s, ordered 50 long-range Boeing 777-300 ER planes worth a combined USD18 billion at the Dubai Airshow.
It is worth noting that based on current list prices, an order for 100 Boeing aircraft would be worth over USD36 billion.
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