Boeing Co. and Emirates To Close In Major Deal For 777X Jets

People familiar with the development said on condition not to be identified that Boeing Co. is closing in on a major deal with Emirates for its widebody 777X aircraft. Reportedly, Boeing Co. and Emirates are currently in the final leg of a major deal for 777X jets. This deal will apparently boost the program that’s years behind schedule. Not to mention, Emirates is the biggest buyer of Boeing Co.’s 777X jets. People asking not to be identified discussing private negotiations said Emirates is all set to order 777X in high double-digit numbers. In case, you are scrambling to the web for the same, keenly read the following sections. Swipe down the page and take a look below.

Boeing Co

Emirates, the state-owned carrier, is the largest buyer and operator of widebody aircraft 777X of Boeing Co. For the unversed, Emirates uses Dubai as its hub to link the US, Europe, and Asia. Sources also said that regional affiliate FlyDubai could take on some orders for the smaller 787 Dreamliner earmarked for Emirates as part of the deal. However, both, Boeing and Emirates, declined to comment on this major deal.

An agreement with the biggest international airline would be a vital endorsement of Boeing’s newest and largest aircraft 777X, which has struggled to pull in sales as it remains behind schedule for entry into service. Any additional purchase of the plane would add to a backlog of 115 777X that Emirates previously ordered which comes with novel folding wing tips. The event will provide a backdrop for major deals as carriers rush to replenish and upgrade their fleets, with the Dubai Air Show starting on Monday, November 13, 2023.

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Sales of widebody aircraft 777X have gained momentum back this year following the market for narrowbodies recovering more quickly from the COVID-19 pandemic. Reportedly, some other operators are likely to announce major commitments at the event, including Turkish Airlines, which is close to an order for about 350 Airbus SE aircraft, including both widebody and narrow jets. Spreading its fleet with widebody aircraft like the 787 would mark a strategic shift for FlyDubai, which now relies on the Boeing 737 single-aisles for shorter routes around parts of Africa, the Middle East, and as far as Malaysia. The state-owned carrier is also in negotiations with Airbus about an order for the European manufacturer’s flagship A350 aircraft. Stay tuned to this website.

Amzad Khan
Amzad Khan

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