Wednesday 9 July 2014

Emirates finalizes $56 bn order for 150 Boeing 777X planes « ASHARQ AL-AWSAT

Emirates finalizes $56 bn order for 150 Boeing 777X planes « ASHARQ AL-AWSAT:



"Dubai airline Emirates finalized a 56 billion US dollar order to buy 150 Boeing 777X jets on Wednesday, firming up a commitment made last year, just weeks after scrapping an order with rival plane-maker Airbus.



The deal includes purchase rights for an additional 50 airplanes which, if exercised, could increase the value to about 75 billion dollars at list prices, Boeing said in a statement.



“With the order for 150 777Xs, Emirates now has 208 Boeing 777s pending delivery, creating and securing jobs across the supply chain,” Emirates president Tim Clark said."



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