10 July 2014
Boeing (NYSE: BA) and Emirates Airline have finalised an order for 150 777Xs, valued at USD56bn at list prices.
First announced as a commitment at the 2013 Dubai Airshow, the order by the world´s largest 777 operator was part of the largest product launch in commercial jetliner history.
The order a combination of 115 777-9Xs and 35 777-8Xs also includes purchase rights for an additional 50 airplanes that, if exercised, could increase value to approximately USD75bn at list prices.
Design of the 777X is underway and production is set to begin in 2017, with first delivery targeted for 2020. To date, the 777X has accumulated 300 orders and commitments from six customers worldwide.