Emirates inks $9 billion order for 30 Boeing 787 jets, will restart plans to expand airline in 2020s
Dubai's flagship carrier Emirates Airline has finalized a deal to purchase 30 of Boeing's 787-9 Dreamliner jets, executives of both companies announced Wednesday at the Dubai Air Show.
Sheikh Mohammed bin Rashid Al Maktoum, United Arab Emirates vice president and prime minister, center blue sandals, passes a Boeing Co. 787-10 passenger aircraft, operated by Emirates Airlines, during the 15th Dubai Air Show at Dubai World Central in Dubai, United Arab Emirates, on Monday, Nov. 13, 2017.
The order is crucial for the American manufacturing giant, whose sales have been badly hit following two catastrophic crashes of its popular 737 Max jet in less than five months that killed a total of 346 people. Its fleet of roughly 400 737 Max jets around the world have been grounded since March. Emirates President Tim Clark, meanwhile, told reporters at a press conference that the airline — the largest international carrier in the world — will recommence its expansion in the early 2020s, following its current period of consolidation. Clark in October revealed lofty plans to expand the Emirates fleet by 30% by the end of 2025.
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