Emirates Airline Places Record Boeing Order

50 Boeing 777s would be priciest deal ever
By Newser Editors and Wire Services
Posted Nov 13, 2011 5:33 AM CST
In this Feb. 8, 2010 file photo, a Boeing Co. 777 owned by Emirates, lands in Everett, Wash. Dubai's fast-growing airline Emirates is kicking off the city's airshow with an order for 50 Boeing 777s.   (Ted S. Warren)

(Newser) – Dubai's fast-growing airline, Emirates, kicked off the region's biggest airshow today with an order for 50 Boeing 777s, which the US-based aircraft maker described as its biggest single order in dollar terms in history. The list price for the deal is $18 billion, but airlines typically negotiate discounts for large orders.

Although the Gulf airlines are the among the world's most ambitious in expanding their fleets and routes, a deal the size of the Emirates contract had not been expected at the airshow because of the large backlog of planes already on order for Emirates and rivals such as Abu Dhabi-based Etihad and Qatar Airways. "It sustains a lot of jobs in the United States—several thousand," says Boeing's CEO. Click to read more about Boeing's oft-delayed flagship Dreamliner.

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