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Emirates buys five Boeing 777F, weighs further freighter orders
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Emirates buys five Boeing 777F, weighs further freighter orders
Oct 21, 2024 3:31 AM

Oct 21 (Reuters) - Dubai's Emirates has ordered five

Boeing 777F freighters and will make a decision this year on a

purchase of further Boeing ( BA ) or Airbus models for

its fleet beyond 2028/29, the airline said on Monday.

The announcement confirms a Reuters report last week that

Emirates had ordered current-generation 777F freighters in

September, part of a batch of new orders for 11 777F freighters

disclosed by Boeing ( BA ) without giving airline names earlier this

month.

In a statement, Emirates said it had also signed a

multi-year lease extension with Dubai Aerospace Enterprise for

four Boeing 777Fs that it already operates.

Emirates also said it was in talks to choose between two

newer models, the Airbus A350F and the freighter version of the

Boeing 777X (also known as 777-8F), and would make a decision by

year-end.

Airline president Tim Clark last week renewed criticism of

delays in the 777X passenger version and voiced concerns over a

corporate crisis at Boeing ( BA ).

Monday's statement reaffirmed Emirates' commitment to a

delayed project to convert 10 passenger Boeing 777-3000ERs into

freighters with Israel Aerospace Industries, without naming the

Israeli company.

Emirates signed a deal with IAI to convert the planes into

freighters in November 2021, reflecting closer business ties

after the UAE in 2020 became the first Arab state to open

diplomatic relations with Israel in almost three decades.

Business executives in both countries have said the broader

ties remain intact but that the war in Gaza has cooled activity,

with less public emphasis placed on the relationship.

Emirates is the world's largest Boeing 777 operator and one

of the world's largest cargo carriers.

Boeing ( BA ) forecasts an additional 2,845 freighters will enter

service over the next 20 years to support growing global trade

and e-commerce demand.

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