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Emirates Announces $8.8 Billion Purchase Agreement For Boeing 787 Dreamliners

By John F. Heerdink, Jr.

Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems.

Reportedly, Boeing and Emirates announced a purchase agreement for 30 787-9 Dreamliner airplanes at the Dubai Airshow, valued at $8.8 billion as per list prices. Previously Emirates had signed an agreement for the larger 787-10 variant but finally placed eyes on 787-9 to complement the airline’s larger 777 aircraft.

HH Sheikh Ahmed bin Saeed Al Maktoum, Emirates Chairman, and Chief Executive stated “I am pleased to announce firm order for 30 Boeing Dreamliners. This is an important investment and addition to our future fleet and it reflects Emirates’ continued efforts to provide the best quality air transport services to our customers. The 787s will complement our fleet mix by expanding our operational flexibility in terms of capacity, range, and deployment. We are also pleased to reaffirm our commitment to the Boeing 777X program and look forward to its entry into service.”

“We are excited to finalize this important order from one of the world’s leading airlines. Our agreement solidifies Emirates’ plan to operate the 787 Dreamliner and the 777X, which make up the most efficient and most capable widebody combination in the industry,” stated Boeing Commercial Airplanes President & CEO Stan Deal.

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(Read Original Story: Emirates Orders 30 Boeing 787 Dreamliner Airplanes to Complement 777X family in PR Newswire)


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