Emirates adds another 30 B777s to the pile. Middle East/Africa shares mixed
Unlisted Emirates announced an order with Boeing for 30 B777-300ERs. 18 of these were previously attributed to an unidentified customer. Emirates is already the world's largest B777 operator with a fleet of 86 B777s through direct purchase and lease, plus an additional 16 B777-300ERs previously on order.
At last month's Berlin Airshow the astonishing airline made a firm order for 32 more A380s. This took to 90 the number of A380s to Emirates' account.
Emirates' aircraft in service and on order: as at Jun-2010
| Aircraft manufacturer | Aircraft type | In service | Order | Grand total |
|---|---|---|---|---|
| Airbus | A330 | 29 | 29 | |
| A340 | 18 | 18 | ||
| A350 | 70 | 70 | ||
| A380 | 10 | 80 | 90 | |
| Airbus Total | 57 | 150 | 207 | |
| Boeing | 747 | 8 | 5 | 13 |
| 777 | 86 | 20 | 106 | |
| Boeing Total | 94 | 25 | 119 | |
| Grand Total | 151 | 175 | 326 |
The purchase of another 62 widebodies will indelibly stamp the UAE carrier as a page-turner in the history of aviation. See related article: Emirates declares war on the world's flag carriers with order for 32 more A380s
Shares mixed
Middle Eastern shares were mixed yesterday (19-Jul-2010), with Kuwait National Airways (-1%) down, Jazeera and Royal Jordanian steady while Air Arabia's (+0.4%) shares were on the rise.
1time (+1.9%) announced it will commence five times weekly Johannesburg-Maputo service on 12-Aug-2010. Other African shares were on a downward slide with Lonrho (-4.6%) and Kenya Airways (-0.5%) down, while Comair remained stable.
See related CAPA profile: Route Changes
Selected African and Middle Eastern airlines share price movements (% change): 19-Jul-2010
