UAE buys 30 Boeing 787 Dreamliners in along waited deal

Emirates signed an order for 30 Boeing Co. 787 Dreamliner aircraft worth $8.8 billion at list prices while cutting back on a purchase of the U.S. manufacturer’s larger 777X.

The 787 deal involves 10 jets fewer than an outline agreement dating to 2017, while Emirates will take 126 777s, a reduction of 24 planes from an accord signed in 2014, according to an announcement Wednesday at the Dubai Airshow.

The world’s biggest long-haul airline had held back on finalizing orders as it reviewed long-term fleet requirements in light of an end to production of the A380 superjumbo, as well as concerns about the performance of some models.

The Emirates deal with Boeing follows an order for 50 Airbus SE A350 wide-bodies that the Gulf giant placed on Monday. The European planemaker also secured a 120-aircraft order for its A320neo narrow-body family plane from Air Arabia.

Boeing has had more limited success, though it secured some outline orders for its stricken 737 Max model, grounded in March after two fatal crashes in five months.

Comments
Loading...