Thu, Nov 10, 2022
Emirates Expanding Cargo Fleet as Promised at Dubai Air Show
Emirates placed an order for 5 Boeing 777 Freighters, coming up at more than $1.7 billion in value if purchased at list price.
The aircraft will go on to be operated by Emirates SkyCargo, adding to its fleet of 11 777s already in operation. At the recent Dubai Airshow, Emirates announced its intent to further expand air cargo capacity as it chases demand, committing $1 billion in investment to the effort.
The airline has long been a customer of the 777 family in its freighter and passenger formats, with almost 150 of the type in its fleet today.
"Emirates is investing in new freighters so that we can continue to serve customer demand with the latest fuel-efficient aircraft,” said Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive of both the Emirates Airline and its namesake group. “This order reflects Emirates' confidence in air freight demand and overall aviation sector growth. It lays the ground for our continued growth, which is driven by the reach of our diverse global network, the advanced handling infrastructure at our Dubai hub, and the tailored transport solutions that Emirates has developed to serve our varied customers' needs.".
"We value the trust that Emirates has repeatedly placed in its all-Boeing freighter fleet," said Stan Deal, president and chief executive officer Boeing Commercial Airplanes. "The expansion of Emirates' fleet with these additional fuel-efficient 777 Freighters will enable the airline to support its growing cargo market demand, transporting goods rapidly and efficiently from origin to destination in the Middle East and around the world."
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