Emirates sees new 777 model in 6-9 months

  • Share via facebook
  • Tweet this
  • Bookmark and Share
Emirates Airline President Tim Clark

Emirates Airline President Tim Clark

Emirates expects a revamped version of Boeing's 777 airliner to be available to customers in six to nine months, the carrier's president said, adding technical issues affecting Dreamliner jets will not affect progress.

"The engagement on 777X continues. I believe it will be launched and we'll see that in six to nine months," Tim Clark told reporters in Dubai on Sunday.

Boeing appears to be at least a year away from offering a new version of the 777, Reuters reported in November, quoting people familiar with talks between the aircraft maker and its customers.

Emirates, Boeing's biggest customer, has said it will need to replace its old 777s from 2017, which is prompting the push for a new version.

The airline has been pressing for the 777X to come out sooner rather than later. The 777 is one of the most successful jets of all time in terms of sales, and airlines are eager for a version that can go farther on less fuel with more passengers.

Clark said problems arising out of a series of battery-related issues that led to grounding of Boeing's 50 Dreamliner aircraft in commercial service in the last three to four weeks is likely to worsen in the short-term but he expressed confidence that the company would address it.

"The problem is extremely challenging for the planemaker and its customers but Boeing will sort it out. It will get worse before getting better. They'll overcome it," Clark said.

The groundings have cost airlines tens of millions of dollars, with no solution in sight. Emirates does not own any Dreamliners and it has no orders for it.

Clark also said he was not worried about a potential tie-up between Abu Dhabi's Etihad Airways and India's Jet Airways. Etihad is close to taking a stake in India's Jet, the Abu Dhabi airline said last week after reporting a tripling in profits for last year.

"I am more threatened by the fact that we have not got more seats. They are already full and we need some more," he said.

Emirates expects revenue for the fiscal year ending 2012-2013 to grow between 18 percent to 20 percent and expects profits to rise over the previous year, he said, without giving details.

"There will be an increase in net earnings but that will not be without difficulties," he said, adding that revenue would grow at an annual rate of 18 to 20 percent as it has almost every year for the airline.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

Posted by: Ronald Ramos

good for business at Boeing and also at Lufthansa Technik and other maintenance companies. especially engine makers and engineering. this will make Boeing good.

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearingTerms and conditions

Further reading

Features & Analysis
New world order

New world order

As the big Gulf carriers flirt with possible new alliances and...

The world's most influential Arabs: Power defined

The world's most influential Arabs: Power defined

Putting together a list of the world’s most powerful Arabs is...

Arab Spring brings new buyers for bulletproof cars

Arab Spring brings new buyers for bulletproof cars

In the Middle East there is no shortage of rich individuals and...

Most Discussed
  • 35
    Saudi Arabia to rehire Indian maids on lower wages

    The problem with many South Asians in general and Indians in particular is that greed has no limit for them. No matter how much they get, which is often... more

    Wednesday, 19 June 2013 10:59 AM - Fahd
  • 11
    Gulf airlines told not to carry US whistleblower

    In those so called democratic (they should change it to Hypocratic) there is freedom of speech but no freedom after the speech.
    When the guys speaking... more

    Wednesday, 19 June 2013 12:00 PM - Last of the mohicans
  • 4
    New Dreamliner too small for us, says Emirates

    If Boeing can develop a 777 that can fly for 20 hours, then why bother flying through Dubai? Most EK traffic is transfer passengers. 20 hours nonstop would... more

    Wednesday, 19 June 2013 5:04 PM - John Harte
  • 35
    Saudi Arabia to rehire Indian maids on lower wages

    The problem with many South Asians in general and Indians in particular is that greed has no limit for them. No matter how much they get, which is often... more

    Wednesday, 19 June 2013 10:59 AM - Fahd
  • 27
    Female UAE expats face new visa curbs

    @anguilla: Kalba town is part of the Sharjah Emirate.
    along with khor fakkan and dibba al hisn.
    http://en.wikipedia.org/wiki/Sharjah_%28emirate... more

    Friday, 14 June 2013 6:23 PM - omar faris
  • 14
    Saudi's Grand Mufti vents against horse statues

    I am wondering why this article is being published here? it is really useless. anyway, I in certain ways agree with the Mufti. god bless Saudi Arabia more

    Tuesday, 18 June 2013 9:27 AM - Faisal