Emirates has finalised an order for 150 Boeing 777Xs worth a total $56 billion (about £32.7 billion) at list prices. The deal was first announced as a commitment at the Dubai Airshow in 2013 when Emirates became part of the largest product launch in commercial aircraft history.
The Dubai-based airline will receive two types of 777X jets - 115 of the 777-9X model and 35 777-8Xs. Emirates also holds purchase rights for an additional 50 aircraft. If those rights are exercised, the value of the deal could jump to $75 billion (£43.8 billion) at list prices.
Emirates president Sir Tim Clark commented that the airline operates more than one in every ten Boeing 777 aircraft built. With the 150 777Xs ordered, Emirates now has 208 Boeing 777s pending delivery. The new 777X jets will boost the airline's operational flexibility, allowing for greater range, passenger capacity and fuel efficiency. They will become part of the airline's fleet from 2020.
Boeing Commercial Airplanes president and CEO Ray Conner said that Boeing is proud that Emirates, the world's largest 777 operator, has become the largest launch customer for the 777X. He described the 777X as a customer-driven product that's sure to bring greater value to Emirates and to customers by offering superior performance, efficiency and reliability.
The 777X family includes the 777-8X and 777-9X and boasts the most advanced commercial engine ever, according to Boeing. The new aircraft also has an all-new composite wing with a longer span than today's 777. Production of the 777X is expected to begin in 2017 and the first delivery is planned for 2020.