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Home Front Economy
Emirates to buy 20 Boeing 747-8 freighters
2006-10-28
Emirates Airline signed a contract for 10 Boeing 747-8FÂ’s, and announced purchase rights for a further 10 747-8FÂ’s. The combined value of these 20 aircraft is worth an estimated US$5.6 billion at list prices. The contract for the 10 Boeing 747-8FÂ’s formalises the airlineÂ’s order, announced at the Farnborough Air Show earlier this year.

The contract was signed in Dubai by HH Sheikh Ahmed bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group, and Ken Schultz, Boeing Commercial Airplanes Sales Director.

Sheikh Ahmed said, “Our order for the 747-8F’s will be essential in helping us service our rapidly growing network of 28 freighter destinations which include exclusive freighter services in Bangalore, Lilongwe, Gothenburg, Amsterdam, and Taipei. Our cargo operations currently also serve Emirates’ 85 destinations as belly-hold space in our scheduled passenger services.”

The 747-8FÂ’s will effectively meet Emirates SkyCargoÂ’s increasing requirement for additional capacity and operational flexibility.

The firm order of 10 aircraft is valued at approximately $2.8 billion at list prices and is scheduled for first delivery in 2010.
Posted by:Nimble Spemble

#1  Should have lots of money for this while waiting for A380s that never come.
Posted by: Throck Snitle9576   2006-10-28 22:01  

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