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Emirates’ $76 billion Boeing aircraft order a boost to US aviation industry

Emirates’ $76 billion Boeing aircraft order a boost to US aviation industry
  • Emirates’ order for 150 Boeing 777X aircraft, valued at $76 billion, is the single largest aircraft order by value in the history of US commercial aviation, creating and supporting an estimated 436,000 jobs in the US.
  • Emirates now operates 131 Boeing 777s and has a further 214 Boeing 777s on order.

New York, USA, November 18, 2013 – Emirates airline has ordered 150 Boeing 777X, a combination of 35 Boeing 777-8Xs and 115 Boeing 777-9Xs; plus 50 purchase rights, at the 2013 Dubai Air Show on Sunday. 

Excluding purchase rights, the Boeing order is worth $76 billion at list prices including 300 GE-X engines from General Electric. This is Boeing’s largest ever single aircraft order by value, and the largest in the history of US commercial aviation. These latest orders bring Emirates’ total order book for Boeing 777 aircraft to 214 (excluding options or purchase rights), at an estimated value of $99 billion at list prices. 

“Air transport is a key enabler of world trade, and we see that demand for aviation services will continue to grow globally. Emirates’ aircraft orders today, with deliveries of the 777X starting in 2020, will take us to 2025 and beyond – replacing aircraft due for retirement and providing the foundation for future growth,” said HH Sheikh Ahmed bin Saeed Al-Maktoum, Chairman and Chief Executive of Emirates Airline and Group.

He added: “Taking into account the US Government jobs multiplier (every $1 billion in US aerospace exports supports 5,747 American jobs), this historic order will create and support over 436,000 jobs in US aerospace manufacturing – not only at Boeing and GE facilities, but with the thousands of other suppliers in the value chain.”

United States Secretary of Commerce Penny Pritzker said: "This agreement represents the largest aircraft purchase in history and it will further strengthen the US aerospace industry and support tens of thousands of American jobs.  It also is a win-win for our economy and our workers, and clearly demonstrates the confidence in American-made products throughout the world."

“Emirates is one of the fastest growing airlines in the world," Sen. Maria Cantwell (D-WA), Chair of the Senate Aviation Subcommittee said. "Emirates’ world record-setting Boeing purchase will help write the next chapter in aviation history: large wide-body, fuel-efficient planes, built by a highly skilled US composite workforce.”

“We are honoured by Emirates’ commitment to the newly launched 777-X and the significant long term boost this provides to US exports and jobs,” said Boeing Chairman, President and CEO Jim McNerney.  “Emirates has been an integral part of the 777 success story for many years and today operates the largest fleet of 777s anywhere in the world. We look forward to further strengthening our partnership with Emirates and continuing to support Dubai’s expansion into a global aviation hub.” 

Emirates’ Boeing 777X

Emirates’ 777-8X and 777-9X on order will be a combination of two and three-class configuration, with the 777-8X potentially seating 342 passengers, the 777-9X seating over 400 passengers. 

“Emirates today operates more than one in every 10 Boeing 777 aircraft built. It is the workhorse of our fleet. What the 777X does, is offer us a flying range comparable with the 200LRs and 300ERs, but with more passenger capacity at potentially 18% more fuel efficiency,” said Tim Clark, President Emirates Airline.

Emirates’ unwavering commitment to the Boeing 777 dates back to 1996. Today, Emirates is already the largest operator of the 777 with 131 in operation, and the only airline to fly all variants in the 777 family.  At the 2011 Dubai Air Show, Emirates ordered 50 Boeing 777-300ERs with options for 20 more at a total value of $26 billion (AED 95.4 billion). It was then a record breaking aircraft order– the single largest by any airline with Boeing in dollar value.

Emirates operates 63 weekly passenger flights between the US and Dubai.  The airline serves Houston, San Francisco, Dallas/Fort Worth, Seattle, Washington D.C., Los Angeles and New York JFK, using a mix of Boeing 777-300ER, Boeing 777-200LR and Airbus A380 aircraft.  A triple daily service to New York includes two daily A380 flights and a 777-300ER service via Milan. Emirates will fly the A380 to Los Angeles on 2 December 2013, while flights to Boston are scheduled to launch on 10 March 2014.  

About Emirates Airline
Emirates’ modern and efficient fleet of 208 all wide-bodied aircraft connect people and opportunities across its global network of 137 destinations in 77 countries. Based in Dubai, Emirates is one of the world’s largest airlines by international air traffic, and one of the most recognized airline brands in the world through its support of premier sports and cultural events.

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