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Emirates announces $9 Billion Boeing 777-300ER order

19 July 2010

Emirates announced an order for 30 Boeing Co. 777-300ER aircraft valued at $9.1 billion, as the largest Arab airline expands its fleet of long-range jets.

The airline disclosed the order today during the Farnborough Air Show in the U.K. Of the 30 planes, 18 had already been ordered and were listed in Boeing’s backlog as coming from an undisclosed customer.

The order “‘affirms Emirates’ strategy to become a world leading carrier and to further establish Dubai as a central gateway to worldwide air travel,’” Emirates Chairman Ahmed bin Saeed al-Maktoum said in an e-mailed statement. “‘Our latest deal signals Emirates’ confidence in the growth of the thriving aviation sector.’”

source: Business Week

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