Dubai, United Arab Emirates Airline Makes Largest Firm
Order for the 777 in History, with 20 Additional Purchase Rights.
Order Will Bring Total 777s in Emirates Fleet to 93,
making it the World’s Largest 777 Operator .

Photo Credit: The Boeing Company

According to the Boeing News Release dated November 20, 2005; The Boeing Company [NYSE; BA] and Emirates today announced they have concluded contract negotiations for a firm order for 42 Boeing 777 airplanes with purchase rights for 20 additional airplanes. The deal was announced by Emirates Chairman H.H. Sheikh Ahmed bin Saeed Al-Maktoum at the Dubai Air Show and is valued at $9.7 billion at list prices.

Emirates' order is for 24 Boeing 777-300ERs, 10 777-200LR Worldliners and 8 777 Freighters, with the first airplanes scheduled for delivery in 2007.

"We're honored that Emirates' has again chosen the 777 and will now use the entire 777 family as a cornerstone of its fleet operations," said Alan Mulally, Boeing Commercial Airplanes president and chief executive officer. "Emirates is renowned for its quality and excellence and we're excited to see how the airline and its passengers will benefit from the superior economics, comfort and utility of the 777 models ordered today."

"We have had very positive results with the Boeing 777s already in our fleet," said Emirates Chairman H.H. Sheikh Ahmed bin Saeed Al-Maktoum. "These new airplanes are perfectly suited to our business model for continued growth, both in cargo and passenger traffic, while maintaining the high level of comfort and exceptional service our passengers expect."

Emirates will use the 777 Family to extend routes to key European and Asian cities, and fly to emerging markets. The 777-200LR, which recently broke the world distance record for a commercial airliner, will allow Emirates to open new direct service to destinations across the globe, including direct flights to the U.S. West Coast. The airline currently serves over 75 destinations and continues to grow, including a 27% volume increase in cargo through its subsidiary Sky Cargo.

It is positive to see Dubai, United Arab Emirates Airline Makes Largest Firm Order for the 777 in History, with 20 Additional Purchase Rights. It is successful milestone for the Boeing Company. The newest member of the 777 family, Boeing 777-200LR Worldliner has the capability to connect virtually any two cities in the world nonstop. It will carry more passengers and more revenue cargo farther than any other jetliner. It is the fifth 777 model. In service, the 777-200LR can carry 301 passengers and baggage up to 9,420 nautical miles (17,445 kilometers). The first 777-200LR will be delivered to Pakistan International Airlines in early 2006. To date, 43 airlines around the world have ordered more than 700 777s.

Reference:

Retrieved in November 20, 2005
http://www.boeing.com/news/releases/2005/q4/nr_051120h.html

Reported By: Catch4all.com, Positive Site: Sandra Englund, November 20, 2005.