Emi­rates places Us$15.1bn order for 40 Boe­ing 787 Dream­lin­ers

Daily Mirror (Sri Lanka) - - BUSINESS NEWS -

Emi­rates, the world’s largest in­ter­na­tional air­line, has an­nounced a US$15.1 bil­lion (AED55.4 bil­lion) com­mit­ment for 40 Boe­ing 787-10 Dream­lin­ers.

In the pres­ence of United Arab Emi­rates Vice Pres­i­dent and Prime Min­is­ter and Ruler of Dubai Sheikh Mohammed bin Rashid Al Mak­toum and Emi­rates Air­line and Group Chair­man and Chief Ex­ec­u­tive Sheikh Ahmed bin Saeed Al Mak­toum signed the agree­ment with Boe­ing Com­mer­cial Air­planes Pres­i­dent and CEO Kevin Mcal­lis­ter on the open­ing day of the 2017 Dubai Air­show. Sheikh Ahmed said: “Emi­rates’ or­ders today will be de­liv­ered from 2022, tak­ing the air­line well into the 2030s. Some of these will be re­place­ments so that we main­tain a young and ef­fi­cient fleet, and oth­ers will power our fu­ture net­work growth. We see the 787 as a great com­ple­ment to our 777 and A380 fleet, pro­vid­ing us with more flex­i­bil­ity to serve a range of des­ti­na­tions as we de­velop our global route net­work.”

“It has al­ways been Emi­rates’ strat­egy to in­vest in the most ad­vanced and ef­fi­cient air­craft, and today’s or­ders re­flect that. Today’s an­nounce­ment is also speaks to our con­fi­dence in the fu­ture of avi­a­tion in the UAE and the re­gion.”

Mr Mcal­lis­ter said: “We are ex­cited that Emi­rates has se­lected the Boe­ing 787-10 Dream­liner to power its fleet ex­pan­sion and fu­ture growth. This is an air­plane that will set a new bench­mark for op­er­at­ing eco­nom­ics in the com­mer­cial avi­a­tion in­dus­try when it en­ters ser­vice next year. Emi­rates’ en­dorse­ment of the 787 Dream­liner ex­tends our long­stand­ing part­ner­ship and will sus­tain many jobs in the United States.”

Emi­rates is eval­u­at­ing en­gine op­tions for its Dream­liner order. Emi­rates’ agree­ment in­cludes con­ver­sion rights to switch the air­craft to 787-9s, of­fer­ing the air­line ad­di­tional flex­i­bil­ity for its fu­ture fleet and global net­work. Emi­rates’ Dream­lin­ers will be de­liv­ered in a mix of two and three-cabin class con­fig­u­ra­tions, po­ten­tially seat­ing be­tween 240 and 330 pas­sen­gers. These air­craft will be de­liv­ered in phases from 2022 on­wards.

Emi­rates is a pow­er­ful en­gine for Amer­i­can aero­space man­u­fac­tur­ing jobs. Ap­ply­ing the US Depart­ment of Com­merce jobs mul­ti­plier (ev­ery one bil­lion US$ in US aero­space ex­ports sup­ports 5,200 Amer­i­can jobs), this new order will cre­ate and sup­port over 78,000 ad­di­tional jobs in US aero­space man­u­fac­tur­ing – not only with Boe­ing, but also with the thou­sands of other sup­pli­ers in the value chain across the US, many of which are medium and small-sized busi­nesses. Today’s order comes on top of Emi­rates’ his­toric pur­chase of 150 Boe­ing 777X air­craft equipped with GE9X en­gines at the 2013 Dubai Air Show, to be de­liv­ered from 2020 on­wards.

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