Emirates Places $6 Billion Order for 50 Boeing 777 Aircraft

Leading aircraft manufacturer Boeing has received and order for 50 of its Boeing 777-300ER aircraft from Dubai-based Emirates airlines. Along with a 12-year service contract for regular maintenance on the GE90-115B engines which power the 777 aircraft, the total contract is worth about $6 Billion.

The addition of the 50 Boeing 777 aircraft will bring the current fleet operated by Emirates to 212. One of the fastest growing airlines in the world, Emirates flies to 115 destinations in 67 countries and reported a net profit of USD$1.5 billion for the last fiscal year.

Emirates has future orders of 189 aircraft to be added to its fleet of 162 wide-body Airbus and Boeing aircraft at a cost of more than USD$66 billion.

While the order is certainly a boost for Boeing, the service contract is also good news for the engine manufacturer GE Aviation. “The GE90 engine continues to outperform our expectation in fuel burn, reliability and durability. GE Aviation looks forward to providing Emirates with high quality MRO services for the GE90-115B engines to ensure their exceptional performance continues through their lifecycle,” said David Joyce, president and chief executive officer of GE Aviation.

Joyce continued, “Emirates is the largest GE90-115B-powered Boeing 777-300ER operator in the world, and this order further solidifies its commitment to this phenomenal aircraft/engine combination,” said David Joyce, president and chief executive officer of GE Aviation.

The GE90-115B engine is part of GE’s “ecomagination” product portfolio — GE’s commitment to implementing innovative, cost-effective technologies that enhance the customers’ environmental and operating performance.