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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

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