Emirates777 From Tanzania, joined Feb 2000, 655 posts, RR: 2 Posted (14 years 6 months 4 weeks 1 day 8 hours ago) and read 1964 times:
The order is certainly much bigger than anyone expected, esp. on the A380 side. IMO the leasing companies will be involved heavily in this aircraft purchase. Many people will question such a huge purchase in today's environment, but this is an example of Emirates' long-term planning. Nevertheless it is an ambitious plan and will prove to be Emirates' biggest test in its short history.
From the tone of the press release it looks like they will deploy the A380 across the entire network.
Some details i have gathered so far on the Emirates orders announced today.
The 3x A330-200s will be delivered in 2003.
The 8x A340-600s will be delivered from 2005 onward.
The 22x A380s will be delivered from 2006 and thru to 2010.
The 25x B777s will be delivered between 2004 and 2010.
(Remember Emirates is due to receive an additional 10x B777-300 in 2002 and 2003, 6x A340-500 in 2002-2003 and 7x A330-200 between the rest of 2001 and end of 2002). These no.s are not included in today's landmark order.
The no. of A330 ordered is a little low (most likely option conversions) but i would expect Emirates to add more of these planes on an ongoing basis. So expect EK to place smaller batches of A330 orders in the coming years.
No news yet on whether the A346 order involves exercising/conversion of the 10x A340-500 options.
By way of bkg. the contract values are based on list prices of individual acft. I know for a fact that Emirates has been getting its A330s at $85m a piece. We wait to see what the actual price paid is for the A380 and A346 - but no doubt these will be heavily discounted.
On the Boeing side, no formal contract has been signed yet - just a committment. Emirates reserves the right to switch between the B777-200ER, B777-300, B777-300ER and B777-200LR. As they have not yet decided the precise mix they have also delayed engine selection. Furthermore, some of the existing B777s will be replaced by the newer B777s by 2010. These are most likely to be the B777-200 and B777-200ERs and a couple of the early B777-300s. Ultimately Emirates plan to have a 37 aircraft B777 fleet.
Cwapilot From United States of America, joined May 2000, 1166 posts, RR: 15
Reply 7, posted (14 years 6 months 4 weeks 1 day 2 hours ago) and read 1699 times:
Yes, they should both be happy and celebrate their new orders. While Boeing is doing just that, rather than celebrate their own success, Airbus executives decided to take a swipe at Boeing, which is true to form for them.
"While Boeing have signed only a letter of intent, for Airbus these are firm contracts for the A380s. It's a very important deal," said an Airbus spokeswoman.
What children..."ours is real, theirs is not!" Kinda like their A380 mentality "ours is bigger than yours ha ha!"
I guess it is the traditional French taunting, ala Monty Python and the Holy Grail.
Southside Irish...our two teams are the White Sox and whoever plays the Cubs!
Cedarjet From United Kingdom, joined May 1999, 8657 posts, RR: 53
Reply 12, posted (14 years 6 months 4 weeks 21 hours ago) and read 1609 times:
"Many people will question such a huge purchase in today's environment." I disagree, I think it's a brilliant time to be placing orders. All the manufacturers have been hearing for the past two months is cancellations, deferments, huge airlines going bust on them (Sabena and Swissair were both massive Airbus customers, Ansett were in the running for 737NGs by the dozen). The discounts must have been massive. Two other things, it's guaranteed to get massive press, even newspaper coverage (not just trade papers), because of the confidence EK - a mid east airline btw - are showing in their future. And finally I would agree with whoever (above) said this order will give the entire industry a shot in the arm, thank you Emirates.
Cwapilot is right to have a pop at Airbus for being childish about their orders vs Boeing's LoIs. It's kind of inappropriate but maybe they are used to being the outsider and miles behind (a hangover from the 70s and 80s when whitetail A300s were piling up in Toulouse and no-one was interested except Air Siam and TEA?). It's not as though Boeing (or the US President) didn't have a pop at Toulouse for subsidies, while Boeing pick up huge military orders and R&D grants. Sniping is just the nature of competitive industries / sports / friendships.
fly Saha Air 707s daily from Tehran's downtown Mehrabad to Mashhad, Kish Island and Ahwaz
Kaitak From Ireland, joined Aug 1999, 13272 posts, RR: 34
Reply 13, posted (14 years 6 months 4 weeks 20 hours ago) and read 1592 times:
Greetings from Kuala Lumpur International Airport!
Brilliant news; I just heard it on CNBC this morning and it looks great. Glad to hear EK has such confidence in the future. It will also come as very good news to pilots such as those in VS, EI and others, who have been laid off recently.
Looking forward to seeing some of them in Dublin sometime. (Well, you know me, Emirates777 - I had to get that in somewhere!)
Lutfi From China, joined Sep 2000, 823 posts, RR: 0
Reply 14, posted (14 years 6 months 4 weeks 19 hours ago) and read 1575 times:
Ikarus- knock about 10-20% off those prices, depending on size of order and financial strength of company buying the aircraft.
Well there are two parallels in history of this order. Optimistically, it is like SQ order in the 1970's of large numbers of B747, that catapaulted them onto world stage. Pessimistically, it is like MH order of large numbers of B777 and B747 in the 1990's, that has almost bankrupted them. Time will tell.
KHI747 From United States of America, joined Oct 2000, 1621 posts, RR: 1
Reply 15, posted (14 years 6 months 4 weeks 15 hours ago) and read 1533 times:
Great news i must say.....the TV was on and i noticed an EK 310...i raised the volume and heard about this massive $15billion order(the channel was CNN). Interestingly enough the order is split both ways across the atlantic fairly evenly.
I must say that Lufti makes a good point...but i hope this order works for EK just like SQ's order did in the 70's.
Udo From , joined Dec 1969, posts, RR:
Reply 17, posted (14 years 6 months 4 weeks 14 hours ago) and read 1515 times:
Yes. Boeing in pdx, you are so right. Boeing has to work hard for money from the gov, while Airbus just has to lean back and wait.
You know what? I don't have a problem with that. Isn't it better to get money for free than to have to work for it?