Dubai orders 30 new jets from Boeing

22/07/2010 - Dubai Investment News
Dubai orders 30 new jets from Boeing

Posted by Neil King

Emirates, Dubai's flag-carrying airline, has lodged an order with US aerospace giant Boeing for 30 of its wide-body 777 jets, it has been revealed.

The deal, thought to be worth nearly $7 billion at list prices, was announced at the Farnborough Air Show in Britain, the New York Times reported.

Commenting on the deal, Sheik Ahmed bin Saeed al-Maktoum, chairman and chief executive of Emirates, said: "Since we took delivery of our first 777 14 years ago, the airplane's reliability, performance and operating economics have firmly established it as the backbone of our fleet."

As the newspaper observed, the move is part of a current expansion drive by Emirates, with the airline last month also ordering 32 Airbus A380 superjumbo jets, valued at about $11 billion.

It also noted that the orders from Emirates are an illustration of how the recovery in commercial air traffic is being led by airlines in the Middle East.

The news comes after Emirates confirmed plans to increase its capacity for internal travel within the Gulf Cooperation Council by raising the frequency of flights from Dubai to the holy city of Madinah in Saudi Arabia to four a week from August 3rd.ADNFCR-2019-ID-19904068-ADNFCR