Air Capital Insider
Molly McMillin shares inside knowledge of Wichita’s aviation industry
Boeing finalizes order from Emirates for 150 777X jetliners
07/09/2014 10:50 AM
08/08/2014 10:25 AM
Boeing and Emirates Airline have finalized an order for 150 777Xs, valued at $56 billion at list prices, Boeing announced Wednesday.
The order was first announced as a commitment at the Dubai Airshow last year. Emirates is the largest 777 operator in the world.
The order is for 115 777-9Xs and 35 777-8Xs. It also includes purchase rights for another 50 planes, which if exercised could increase the order’s value to about $75 billion at list prices.
Spirit AeroSystems builds the 777′s forward fuselage in Wichita.
The 777X is an upgraded version of the 777.
The first 777X delivery is expected in 2020.
Boeing has 300 orders and commitments for the model from six customers.
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