AIRLINES

Emirates announces $52 billion order for 95 Boeing aircraft

PUBLISHED MON, NOV 13 2023 6:54 AM EST UPDATED 3 HOURS AGO

Natasha Turak
@NATASHATURAK https://twitter.com/NatashaTurak

KEY POINTS
• The state-owned flagship Dubai carrier, a subsidiary of Emirates Group, is ordering 55 additional Boeing 777-9s and 35 777-8s, bringing the airline’s total orders for the 777X wide-body jets to 205 units.
• Emirates already operates the largest number of Boeing 777 aircraft of any airline in the world.
• Both Boeing and Airbus have highlighted the Middle East region as a major source of demand for wide-body aircraft.

DUBAI, United Arab Emirates — Emirates Airline on Monday announced an order for 95 Boeing aircraft at a value of $52 billion, kicking off the first major deal of the 2023 Dubai Airshow.

The state-owned flagship Dubai carrier, a subsidiary of Emirates Group, is ordering 55 additional Boeing 777-9s and 35 of its 777-8s, bringing the airline’s total orders for the 777X wide-body jets to 205 units. It is also updating its order of Boeing 787 Dreamliners from 30 to 35, comprised of 15 787-10s and 20 787-8s.

Emirates also confirmed its order of a further 202 engines from General Electric: the GE9X engines, which will power the new 777X aircraft. The announcement brings Emirates’ total GE9X engine order to 460. The 777 aircraft can fly for up to 18 hours.

Emirates already operates the largest number of Boeing 777 aircraft of any airline in the world. The continued appetite for wide-body jets highlights the importance of the Middle East market to the aircraft model’s demand. Middle East customers now account “for the largest portion of combined
Airbus and Boeing widebody passenger backlog at 30% of the global total,” according to analysts at wealth management firm AllianceBernstein.

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