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Mon 19 Jul 2010 02:11 PM

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Emirates confirms $9bn widebody deal with Boeing

Dubai giant orders 30 more 777-300ER aircraft from US manufacturer.

Emirates confirms $9bn widebody deal with Boeing
NEW DEAL: The deal is worth $9.1bn at current list prices. (Getty Images)

Emirates Airline has confirmed a new order for 30 777-300ER widebody aircraft from US manufacturer Boeing at the UK’s Farnborough Air Show.

The deal is worth $9.1bn at current list prices, and adds to the Dubai carrier’s fleet of 71 of the same type, of which 53 jets are currently in service.

Emirates is the world’s largest operator of 777s and this latest order, adding to 71 777-300ERs previously ordered, affirms Emirates’ strategy to become a world leading carrier and to further establish Dubai as a central gateway to worldwide air travel,” said Emirates chairman and CEO Sheikh Ahmed Bin Saeed Al-Maktoum.

“Our latest deal signals Emirates’ confidence in the growth of the thriving aviation sector and our commitment to building a modern, environmentally efficient fleet for tomorrow,” he added.

In addition to the jets announced today, Emirates also has 79 A380s, 70 A350s and seven Boeing 777 freighters on order with a total list price of more than $67bn, the airline said today.

“Emirates is today one of the world’s leading airlines thanks in part to the 777. Its ambitious expansion plans have established itself as a global force in the aviation sector,” said Jim Albaugh, president and CEO of Boeing Commercial Airplanes.

“Emirates has played an important role in the 777’s success with its significant support of the program and valuable feedback over the years. Today’s order serves to underscore the airline’s confidence in the airplane, which forms the mainstay of its fleet.”  

The new contract comes only six weeks after the carrier ordered an extra 32 A380s from Airbus in a bid to attract more intercontinental traffic through its hub at Dubai International Airport.

Emirates also reported a profit of $964m during the 2009-10 financial year, in a period where the global airline industry lost billions.

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Ali 10 years ago

I dont get it. Why buy so many? Is this really sustainable for such a small place with a tiny population. It looks to me like a future crisis in the Dubai aviation industry and economy. Might be wrong.....

Edward 10 years ago

Emirates must keep on investing; the sky's are open for Emirates. One area of concern is that its basically depends on one hub (Dubai) which will limit growth in the future; the more seats you must fill; the more difficult it gets. It would be a wise decision by Emirates to acquire a European airline like to get grip on travelers from Europe to US and direct flights to Far east. Phenomenal growth opportunities would present itself....

MR Khan 10 years ago

Why spend so much money on aircraft when the UAE Education system is falling apart? According to a recent article in AB it stated "68% of Emirati male students fail to graduate on time" I think ive proven my point.

RobertDubai 10 years ago

For Ali and all others who do no understand, Emirates is not relying on passengers flying to Dubai, if that would be the case no-one would understand. I flew in from Amsterdam last night with a total of approx.250 passengers. Only about 20 of us actualy went through customs, the other 225 passengers went onwards to their next destination. Dubai is a HUB and that's what Emirates aimes for, passengers travelling between east and west and vice versa. This is the same reason why the major European carriers are watching Emirates with hawk eyes and they are not happy with what they see right now!

Sky Observer 10 years ago

As with all other jets in the air currently, this generation of aircraft suffer the possibility of toxic air poisoning (aerotoxic.org) placing both crew and passengers in danger! Only when the technology is widely adopted as used in the new Boeing 787 Dreamliner is widespread or the oil companies replace the harmful components in their engine oils will the threat disappear!

RobertDubai 10 years ago

To Mr. Khan in London, since when is an airline responsible for a country's educational system? Are you saying no UAE business should invest money but rather put money into a line of business in which they have no interest? Tell BA to stop investing in aircrafts and spent money on the UK's steel industry instead (they are suffering as well) and I'm sure BA will listen to you.

RobertDubai 10 years ago

You need to get the facts straight first. You are correct, BUT it seems to be an issue with BAE146 and B757 aircrafts, and as you may know, Emirates is not operating either of these aircafts. The website areotoxic.org is set up by people who supposedly suffer from toxic air pollution. I have been on over 700 flights in the last 25 years and have not experienced any of the symtoms mentioned on the website. And by the way, those symptoms seem very common ones which could happen from not getting enough exercice, not eating healthy, stress at work or at home etc.

Sky Observer 10 years ago

Thanks RobertDubai for highlighting those items regarding Toxic Air Syndrome. (TAS) (www.aerotoxic.org). Firstly, the website set up John Hoyte (an Ex-BA Captain who lost his licence due to the poisoning) is an information website for all to see and discuss the issues that affect both passengers and crew alike. The site is not just for TAS sufferers. It also helps recognise when a fume incident occurs in flight and how to report it correctly so it is not dismissed. Secondly, TAS is an issue for all aircraft that use ‘bleed’ air from the side of the engines that compress the air to feed the air-conditioning packs in the aircraft all on board breathe. It is not isolated to BAE -146’s or Boeing 757’s. I have experienced ‘fume’ incidents on Boeing 777, B767 as well as Air Bus 330 and 320 variants. Emirates does have at least 2 of those models in their fleets. Engine oil contains many toxic ingredients, including Tricresyl phosphate. Bleed air comes from the compressor section of the engine which has many moving parts which have to be lubricated. There are various engine seals in place which are designed to keep the lubricating oil and air separate. Due to the design of these seals "wet seals", they cannot be 100% effective, and will let a certain amount of oil into the air. They are also subject to wear, and like any mechanical component, they may fail. Military jets do not use the same engine oils as civilian jets as they have assessed the risk to their pilots and crews from TAS. Thirdly, Symptoms are always immediate apparent and can be mistaken for other ailments (As Below). Admittedly more frequent flying does mean that you have greater potential exposure to TAS, and can lead to the accumulation of toxins attacking the body’s neurological system. For mild cases, the effects are usually reversible and will resolve themselves. But with more severe symptoms, neurological damage may have been caused, which may take longer to recover from, or permanent damage may have been caused Symptoms: Symptoms may be acute, i.e. for a short time after a flight, or chronic, i.e. long-lasting. Any number of the following may be experienced: • Fatigue – feeling exhausted, even after sleep • Blurred or tunnel vision • Shaking and tremors • Loss of balance and vertigo • Seizures • Loss of consciousness • Memory impairment • Headache • Tinnitus • Light-headedness, dizziness • Confusion / cognitive problems • Feeling intoxicated • Nausea • Diarrhoea • Vomiting • Coughs • Breathing difficulties (shortness of breath) • Tightness in chest • Respiratory failure requiring oxygen • Increased heart rate and palpitations • Irritation of eyes, nose and upper airways. Lastly the solution: Boeing’s new 787 Dreamliner is the obvious answer as it eliminates the possibility of cabin air contamination by engine oil. Instead of bleed air, cabin air is supplied by electrically-driven compressors. In today’s existing bleed air aircraft, the quality of cabin air could be improved, and the risk of contamination by engine oil reduced with these solutions, all of which could be easily and relatively cheaply implemented: • Installation of bleed air filters • A less toxic oil formulation. The French company NYCO already has a suitable oil available with approved for use in most airliners. • Contaminated air detectors in the bleed air supplies

David 10 years ago

Out of curiosity - as I have never heard of toxic air syndrome before - is this condition recognised by any reputable medical bodies? Such as the World Health Organisation or similar?

Observer 10 years ago

@ Sky Observer Thanks for asking that question .... no official body recognises the condition as in doing so the Airlines, Engine Manufacturers and most importantly the Oil Companies will open themselves to liability from all sorts of claims, just as asbestos firms and cigarette firms have been held responsible for their actions. Here is an interesting item: The Civil Aviation Authority (CAA) in the UK is no longer a government body but is funded on the whole by the airlines and other aviation entities. As the regulator of British Aviation, they can control all official documentation relating to issues like this. They also issue and remove pilots licenses. This is not a body that will offer an opinion of TAS except that it does not exist! There is a paper being compiled on research on samples taken from aircraft that have been tested for TAS. This study is now 18 months late in being submitted to Parliament in UK. There are many interested parties in the Aviation Industry who do not want it published or highlighted as it will herald enormous cost issues for them in either paying compensation or switching to alternative engine oils. It will take any years before we see progress in getting rid of these chemicals in engine oil which end up in the passenger cabins and cockpits of aircraft. By then there will be many more people who will have been incapacitated from TAS or will have died as a result.