Emirates places $52bn Boeing order

MG News | November 14, 2023 at 01:40 PM GMT+05:00

0:00

November 14, 2023 (MLN): Emirates Airline placed an order worth $52 billion for 95 Boeing planes on Monday in the biggest sale so far at the Dubai Airshow, as APP reported.

A purchase of 55 Boeing 777-9s and 35 777-8s comes alongside an upgrade to an existing order for 30 787 Dreamliners, which rises to 35.

"This order represents a significant investment that demonstrates Dubai's commitment to the future of aviation," Emirates CEO Sheikh Ahmed bin Saeed Al Maktoum told a press conference.

Separately, budget carrier Flydubai announced an order for 30 Boeing 787-9s.

With the latest deal, Emirates' order book rises to 295 planes including 205 777X aircraft. The Middle East's biggest airline also ordered 202 GE9X engines to power its 777X fleet.

The 777-9s are expected for delivery in 2025 and the 777-8s are scheduled for 2030, Sheikh Ahmed said.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	163,806.22 500.44M	-0.39% -638.50
ALLSHR	99,845.79 1,977.49M	-0.42% -417.42
KSE30	50,123.85 153.24M	-0.68% -343.31
KMI30	238,530.50 71.49M	-0.36% -850.63
KMIALLSHR	65,898.10 543.80M	-0.37% -245.35
BKTi	46,380.96 92.15M	-0.49% -229.01
OGTi	31,857.40 12.33M	-1.20% -387.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,220.00	109,470.00 103,745.00	-1225.00 -1.13%
BRENT CRUDE	61.34	61.47 60.14	0.28 0.46%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	93.20	93.50 93.20	0.05 0.05%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	57.25	57.32 56.15	0.26 0.46%
SUGAR #11 WORLD	15.53	15.88 15.45	-0.27 -1.71%