Air Freight News

Emirates orders Boeing freighters amid rancor over delays

Gulf airline Emirates agreed to buy five freighter aircraft from Boeing Co., providing a boost for the US manufacturer after months of sustained criticism from the giant carrier over delivery delays.

The world’s biggest long-haul airline placed a firm order for the 777-200LR freighters, it said in a statement Tuesday, with two of the widebodies due for delivery in 2024 and the rest in 2025.

Emirates said the deal is valued at more than $1.7 billion at list prices, though large carriers are able to negotiate hefty discounts, and the Mideast company may have been in an especially strong position given the five-year delay to the 777X, the successor model to the ordered aircraft.

With service entry for the 777X passenger plane slipping to 2025, Emirates President Tim Clark has lambasted Boeing management on numerous occasions while seeking to accelerate deliveries of the rival Airbus SE A350, which the airline also has on order.

Boeing and Airbus have offered freighter versions of the 777X and A350, though Emirates has so far ordered neither. The latest deal adds to the carrier’s existing fleet of 11 777 “classic” freighters.

Clark said in June that his airline had also converted 10 passenger 777s into cargo aircraft during the coronavirus pandemic and might switch another 10, opening up a requirement for more new A350s. It’s not clear where the new order leaves that plan.

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/Fly-in-Tech-Center_France.png
Inauguration of the Fly’in technology center: Daher paves the way for the future of decarbonized aviation
View Article
Horizon Aircraft signs Letter of Intent with Discovery Air Chile Ltda., expanding global presence of Cavorite X7 Hybrid eVTOLs

New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical Take-Off and Landing (“eVTOL”) aircraft developer, announced today it…

View Article
https://www.ajot.com/images/uploads/article/WorldACD_Jan2025.png
WorldACD Weekly Air Cargo Trends (week 1) - 2025
View Article
https://www.ajot.com/images/uploads/article/Fruit-.png
Lufthansa Cargo exhibiting at Fruit Logistica 2025
View Article
https://www.ajot.com/images/uploads/article/2024_concludes_with_double-digit_air_cargo_demand.jpg
A flying start to 2025 but after 14 months of double-digit demand growth, air cargo stakeholders remain cautious
View Article
Pharma.Aero expands global network with six key new members

CEVA Logistics, Skandi Network, SCL Cold Chain, Shipex NV, Pharming Group, and ARTBIO join the life sciences logistics collaborative platform

View Article