Emirates has announced a commitment to buy 40 787-10 Dreamliners from Boeing. The deal, which took place during Dubai Airshow, is valued at $15.1 billion at current list prices.
His Highness Sheik Ahmed bin Saeed Al Maktoum, chairman and chief executive of Emirates Airline and Group, said: “Emirates’ orders today will be delivered from 2022, taking the airline well into the 2030s. Some of these will be replacements so that we maintain a young and efficient fleet, and others will power our future network growth. We see the 787 as a great complement to our 777 and A380 fleet, providing us with more flexibility to serve a range of destinations as we develop our global route network.”
He added: “It has always been Emirates’ strategy to invest in the most advanced and efficient aircraft, and today’s orders reflect that. Today’s announcement also speaks to our confidence in the future of aviation in the UAE and the region.”
“A new benchmark”
Boeing Commercial Airplanes President & CEO, Kevin McAllister, commented: “We are excited that Emirates has selected the Boeing 787-10 Dreamliner to power its fleet expansion and future growth. This is an airplane that will set a new benchmark for operating economics in the commercial aviation industry when it enters service next year.”
He continued: “Emirates’ endorsement of the 787 Dreamliner extends our long-standing partnership and will sustain many jobs in the United States.”
According to the US Department of Commerce formula, a deal of this size would support more than 75,000 direct and indirect US jobs.
The 787-10 is the largest member of the Boeing 787 Dreamliner family, which is the fastest-selling twin-aisle airplane in history. More than 65 customers have ordered more than 1,275 Dreamliners to date, Boeing says. Emirates’ commitment pushes the total number of new 787 orders and commitments this year to more than 180; and more than 210 orders and commitments for the 787-10 overall.