Emirates Airline has finalized an order for 150 Boeing 777Xs, valued at 56 billion USD. First announced as a commitment at the 2013 Dubai Airshow, the order by the world’s largest 777 operator was part of the largest product launch in commercial jetliner history. The order follows just weeks after Emirates’ cancellation of an entire order of 70 Airbus A350 aircraft
The order – a combination of 115 777-9Xs and 35 777-8Xs – also includes purchase rights for an additional 50 airplanes that, if exercised, could increase value to approximately $75 billion at list prices.
“With the order for 150 777Xs, Emirates now has 208 Boeing 777s pending delivery,” said Emirates president Sir Tim Clark. “Today Emirates operates more than one in every 10 Boeing 777s aircraft built. The 777X will offer us operational flexibility in terms of range, more passenger capacity and fuel efficiency, and we look forward to inducting them into our fleet from 2020.”
The 777X will introduce the GE9X engine by GE Aviation, and an all-new high efficiency composite wing that has a longer span than today’s 777. The 777-9X will be 12 percent more fuel efficient than any competing airplane, necessary in today’s competitive environment. The 777-8X is 5 percent more efficient than its competitor at all ranges while providing for new network opportunities.
Design of the 777X is underway and production is set to begin in 2017, with first delivery targeted for 2020. To date, the 777X has accumulated 300 orders and commitments from six customers worldwide.
Source: Boeing, with additional reporting by Airheadsfly.com editor Elmer van Hest