Dubai Air Show opens as local airlines likely seek more jets, defense remains a worry

Dubai Air Show opens as local airlines likely seek more jets, defense remains a worry

DUBAI, United Arab Emirates — The biennial Dubai Air Show opened on Monday with hometown airline Emirates ordering 65 of Boeing’s upcoming 777-9 aircraft, as the carrier looks to increase its fleets off record earnings and unending demand for flights through this East-West travel hub.

Emirates valued the deal with Boeing and GE Engines at $38 billion at list prices, although airlines often negotiate lower prices in major orders.

The announcement brings the total of Boeing 777-9s on order for Emirates to 270, making it Boeing’s largest customer for the aircraft, even as the plane has suffered repeated delays in entering service. Emirates relies heavily on the double-decker Airbus A380 and the Boeing 777, and has also started flying the Airbus A350.

“It’s a long-term commitment that supports hundreds of thousands of high-value factory jobs, and it reinforces our 40-year partnership with Boeing and GE,” said Sheikh Ahmed bin Saeed Al Maktoum, the chairman and chief executive of Emirates.

“Emirates is already the world’s largest operator of the 777 — all powered by the GE engines — and after today’s order, I expect to remain the biggest 777 operator for the years to come.”

Sheikh Ahmed added that Emirates continued to encourage manufacturers to build larger aircraft with more capacity as air travel is only expected to grow. However, he smiled and looked at Boeing when putting forward his hoped-for timeline for putting the 777-9 in service for Emirates.

“We look forward to receiving delivery of our first 777-9s starting from the second quarter of 2027,” he said.

Stephanie Pope, president and CEO of Boeing Commercial Airplanes, offered no timeline for the plane’s entry to service in her brief remarks.

“The 777-9 will further support Emirates mission to connect people and places around the globe like never before,” she said.

The officials took no questions from journalists after the announcement.

Meanwhile, Boeing announced a firm order of 11 Boeing 737-8 MAX aircraft by Ethiopian Airlines and Air Côte d’Ivoir made a firm order of four Embraer E175 aircraft. Air Senegal later ordered nine Boeing 787-8 MAX aircraft as well.

The air show will also see renewed interest in flying taxis, something the sheikhdom long has promised and now hopes to deliver on next year. Military sales as

Read More

Similar Posts