Friday 1 February 2019

#Emirates Is Said to Weigh New Boeing 777X Order in Fleet Shakeup - Bloomberg

Emirates Is Said to Weigh New Boeing 777X Order in Fleet Shakeup - Bloomberg:

Emirates is weighing a fresh order for Boeing Co.’s behemoth 777X twin-aisle plane as part of a complex series of transactions that would remake its fleet plans and likely spell the end of Airbus SE’s A380 superjumbo jet, people familiar with the matter said.

The moves probably wouldn’t be a ringing victory for Boeing or a total defeat for Airbus. Emirates is considering at least 20 of the 777X planes while weighing the cancellation of an existing deal for 40 Boeing 787 Dreamliners, said the people, who asked not to be named as the discussions are private. For Airbus, the airline is looking at cutting the A380 order while studying orders for the wide-body A350 jetliner and slow-selling A330neo, the people said.

With the reshuffled agreements, Emirates President Tim Clark would split both pain and rewards between the rival planemakers. The juggling act is emerging as one of the preferred options for Dubai-based Emirates as it looks to break a deadlock with Rolls-Royce Holdings Plc over terms to supply engines for the airline’s most recent A380 deal, the people said.

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