Emirates Places Record Breaking Order for 50 Boeing 777s

Emirates Places Record Breaking Order for 50 Boeing 777s with 20 Options

Emirates, one of the world's fastest growing airlines, today placed the single largest aircraft order in dollar value in Boeing's history for an additional 50 Boeing 777-300 ER aircraft, worth approximately US$18 billion in list pricing.

The order also included 20 777-300 ER options valued at US$8 billion, for a total of 70 aircraft valued at US$26 billion.

This record breaking long-range aircraft order, adds to Emirates existing world's largest fleet of 95 Boeing 777s in service. Emirates had 40 777-300 ERs already on the order books, so with today's order that now stands at a firm order of 90 777-300 ERs.

Three out of Emirates' four daily services from New Zealand to Dubai via Australia are operated by Boeing 777-300 ERs offering eight first class suites, 42 lie-flat business class seats and 310 economy class seats. The other daily service is operated by an Airbus A380 superjumbo.

The latest Boeing purchase agreement was signed today during a ceremony at the Dubai Air Show by His Highness Sheikh Ahmed Bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group, and Jim Albaugh, President and CEO of Boeing Commercial Airplanes

"With 61 777 300-ERs currently in service, this record breaking dollar value order is another milestone for Emirates and affirms our strategy to expand our long haul destinations and continue to excel as a world leading carrier, connecting the world to Dubai and beyond," said Emirates' chairman. "The Boeing 777-300 ER aircraft plays a pivotal role in Emirates development of a modern fleet to meet the demand for global air travel for the future."

"This is an extremely proud moment for us as it not only underscores Emirates' ongoing confidence in the 777 but also makes this the single largest order in dollar value in Boeing's history," said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. "As the largest operator of the 777 in the world, Emirates has played an important role in development of the airplane and its input over the years has been invaluable in the development of the 777 program."

"Today's 777-300 ER order gives Emirates the ability to replace some of our older existing aircraft allowing us to maintain our leadership in fuel efficiency as well as providing our customers with an updated superior product," said Tim Clark, President, Emirates. "Our passengers can look forward to continued innovations in aircraft comfort, entertainment and service for which Emirates is renowned."

Emirates currently has a fleet of 162 wide-bodied aircraft, flying to 115 destinations in 67 countries. The airline is on track to become one of the largest airlines in the world. In addition to the 50 777-300 ERs announced today, Emirates has 73 Airbus A380s, 70 Airbus A350s, 40 777-300 ERs and six Boeing freighters on order, for a total of 239 wide-body aircraft worth more than US$92 billion.

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