I don't think "we will refuse delivery if not per contract" is any new threat for Emirates. I similarly recall Qatar made a point of refusing delivery of their A350's, I think it was for months, until some seemingly minor issues were corrected. The significant part today is that it suits Emirates better to play hardball now, because they don't need the seats quickly, but Boeing does need the revenue.
The order was negociated in 2013/2014 with an EIS in 2019. I suppose part of Boeing commercial speech was despite of the changes it was a trivial upgrade of the 77W.
The launch was November of 2013, with Emirates announcing their order then. EIS was planned for some time in 2020.https://boeing.mediaroom.com/2013-11-17 ... ommitments
2019 was mentioned as a possible stretch goal while they were in the design phase, but Boeing later quietly backed away from that.
It was never a trivial upgrade. I don't know why that suggestion is being made, Hence why it was planned from the start to take in the ballpark of 7 years. They fell about 6 months behind due at least in part to issues with the engine. Then the big slide that occurred has been attributed to some combination of the current market conditions and changes in the regulatory environment driving as-yet undisclosed design changes.
Why would an airline already flying all previous 777 versions succesfully would inclued 5 years of delay on a five years programme for an additionnal version of the jet ?
So far, officially it is 3 years on a 7 year program. Admittedly, Tim Clark should have access to good information, but he is also known for bluster. I don't know if he's challenging Boeing to release more information to prove 2023 is credible, or if he's upset about concrete information about a slide and venting to the media.
I have been wondering since the delays first started to be announced how eager Emirates is to receive the 777X. When they placed the order, they were continuing the mind-numbing growth they had experienced over the previous decades. Fast forward to just before the pandemic devastated international travel, their profits were falling fast and there were concerns of being overcapacity. Meanwhile, Qatar seems more upbeat about the prospects of receiving aircraft in 2023.
This is mere speculation on my part, but I can't help but wonder if Emirates knows they won't be ready for more capacity in 2023, and is preparing their strategy to avoid penalties for delaying delivery.
But the 747-8, the 737 MAX and now the 777-X are looking at losses a terminaison.
This will understandably be contentious, and I'm not going to bother reposting my estimates here, but I think the 737 MAX is capable of making up the massive unexpected expenses resulting from the crashes, as long as the per-unit margin decrease is modest, and it continues to sell decently well through 2030. The 777X is harder to call, because there is a lot of uncertainty about whether VLA demand will increase again as existing aircraft age and air travel volume continues to grow. I think it also potentially can reach an eventual overall profit, but it's not guaranteed.