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Emirates Orders Boeing,Airbus Planes  
User currently offlineBoeing in pdx From , joined Dec 1969, posts, RR:
Posted (14 years 6 months 3 weeks 4 days 5 hours ago) and read 2521 times:

DUBAI, Nov 4 (Reuters) - Dubai government-owned Emirates [EMAIR.UL], shrugging off a severe downturn in the global aviation industry, announced deals on Sunday worth $15 billion with Boeing Co (NYSE:BA - news) and EADS affiliate Airbus SAS.

``Emirates today announces its largest-ever aircraft order -- valued at a massive $15 billion,'' the airline said in a statement issued after a news conference at the Dubai Air Show, the first major conference for the aerospace industry since the September 11 attacks.

The airline, the fastest growing carrier in the Middle East, said it would raise the combined $15 billion ``without a dollar in subsidy from any source''.

Emirates Chairman Sheikh Ahmed bin Saeed al-Maktoum told reporters that the airline had placed a firm order for 22 superjumbo A380s, including seven A380s whose purchase was announced last year, valued at $7 billion plus 10 options.

The seven A380s, including two freighters, are valued at around $1.7 billion based on catalogue prices.

Sheikh Ahmed said Emirates would acquire three more Airbus A330-200s valued at $415 million and had also signed a letter of intent for eight A340-600s valued at over $1 billion.

The airline later announced a $6.6 billion deal with Boeing for 25 new 777-200s and 777-300s to be delivered between 2004 and 2010.

``These are difficult times for the airline industry, but the dynamics of the business requires us to plan ahead,'' Sheikh Ahmed said.

Emirates' fleet of 36 aircraft includes mainly A330-200s, but also Boeing B777-300s and B777-200s. An order for two A330-200s was announced by Airbus earlier this year for delivery by August 2002.

Emirates said it would boost its fleet to 100 by 2010.

10 replies: All unread, jump to last
User currently offlineJoni From , joined Dec 1969, posts, RR:
Reply 1, posted (14 years 6 months 3 weeks 4 days 4 hours ago) and read 2478 times:

Oh my goodness, there's a confirmation of this on Emirates' website!

This is fantastic news, especially in the current environment, for both Airbus and Boeing.

(this brings total A380 orders to 82)

User currently offlineScorpio From Belgium, joined Oct 2001, 5297 posts, RR: 43
Reply 2, posted (14 years 6 months 3 weeks 4 days 4 hours ago) and read 2470 times:


They sure plan to go for some major growth the next few years. Let's just hope they're not being too ambitious...

User currently offlineF.pier From Italy, joined Aug 2000, 1531 posts, RR: 9
Reply 3, posted (14 years 6 months 3 weeks 4 days 3 hours ago) and read 2426 times:

GREAT NEWS, Especially for my beloved Airbus

User currently offlineFlying-b773 From Singapore, joined Apr 2001, 390 posts, RR: 0
Reply 4, posted (14 years 6 months 3 weeks 4 days 2 hours ago) and read 2388 times:

I hope they will do well.... becoz their order of 22 B777s and 15 more A380 seems crazy...

so much capacity... but they have a great fleet...

User currently offlineDennys From France, joined May 2001, 1035 posts, RR: 1
Reply 5, posted (14 years 6 months 3 weeks 4 days 2 hours ago) and read 2374 times:

what about the A340-500 ?

User currently offlineRayChuang From United States of America, joined Jun 2000, 8360 posts, RR: 4
Reply 6, posted (14 years 6 months 3 weeks 4 days 2 hours ago) and read 2373 times:

This EK order is definitely mind-boggling.  Wow!

And it also confirms that EK is definitely serious about flying to the USA direct from DXB. I can imagine EK A340-600's and A380-800's being common sights at JFK and DTW by 2008.  Smile

User currently offlineHoons90 From Canada, joined Aug 2001, 3374 posts, RR: 51
Reply 7, posted (14 years 6 months 3 weeks 4 days 2 hours ago) and read 2371 times:

I wish Korean Air or Asiana ordered the A340-600 or the A380

The biggest mistake made by most human beings: Listening to only half, understanding just a quarter and telling double.
User currently offlineHkgspotter1 From Hong Kong, joined Nov 2005, 0 posts, RR: 0
Reply 8, posted (14 years 6 months 3 weeks 4 days 2 hours ago) and read 2367 times:

So my friends the A380 is dead is it ?. I DONT THINK SO.

This is fantastic for Airbus and Boeing.

User currently offlineMarco From United Arab Emirates, joined Jul 2000, 4170 posts, RR: 11
Reply 9, posted (14 years 6 months 3 weeks 4 days 2 hours ago) and read 2366 times:

I read in the business section of the Gulf News, that their first wave of expansion in North America, will be in the year 2003 and the first three cities will be JFK, LAX and YYZ!

Proud to be an Assyrian!
User currently offlineL-188 From United States of America, joined Jul 1999, 30408 posts, RR: 57
Reply 10, posted (14 years 6 months 3 weeks 4 days 2 hours ago) and read 2364 times:

This is a hell of a lot of capacity to be adding.

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