Emirates ordered (17-Nov-2013) 35 Boeing 777-8Xs, 115 777-9Xs and 50 A380s, valued at USD99 billion at list prices. The airline also secured purchase rights for 50 777Xs. The orders increase the carrier's total order book, excluding options, to 385 aircraft with an estimated value of USD166 billion. The airline also ordered 300 GE GE9X engines to power its 777Xs. The 777-8X and 777-9X will be operated in two and three-class configurations, with the 777-8X potentially seating 342 passengers in three classes and the 777-9X seating more than 440 passengers in two classes. The 50 A380s bring the carrier's total A380 order book to 101 aircraft, worth USD45 billion. The first 25 aircraft from the order are scheduled to be delivered before 1Q2018 and will be operated in a combination of two and three-class configurations. Emirates chairman and CEO Sheikh Ahmed bin Saeed Al-Maktoum said, "Emirates’ aircraft orders today, with deliveries of the 777X scheduled to start in 2020, will take us to 2025 and beyond – replacing aircraft due for retirement and providing the foundation for future growth." Emirates president Tim Clark said, "The A380 continues to be the flagship of our fleet, and after five years in operation it remains highly popular with our passengers...and it gives us the flexibility in some cases to meet passenger demand in slot-constrained markets. This latest order will help us meet both fleet expansion and fleet replacement needs." [more - original PR] [more - original PR - 2]
Emirates orders 150 777Xs and 50 A380s
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"A truly remarkable lineup of airlines"; over 50 executives at CAPA's Airline Fleet & Finance Summit
CAPA’s Airline Fleet & Finance Summit will be attended by "A truly remarkable lineup of airlines" from all continents of the globe, represented by their senior finance officers.
First time attendees at the event include Air Tahiti, euroAtlantic Airways, Pakistan International Airlines, Saudia, TAAG and start-up flymojo.
They are joined by AirAsia's Group Head of Strategy, the Deputy Chief Executive Officer & Chief Financial Officer of Asia Aviation Capital Limited, the Vice President, Fleet & Corporate Finance of Allegiant, Cebu Pacific's Director, Corporate Finance & Investor Relations, China Eastern's General Manager of CEA International Financial Leasing Corporation Limited, KLM's Director Group Treasury, Malaysia Airlines' Group CEO, Finnair's CFO, IndiGo's Director - Aircraft Acquisition and Financing and many others.
Together with 15 stand-alone presentations from airline CFO/treasury/finance heads outlining their fleet and financing plans + over 50 airline representatives attending the unique CAPA Fleet Marketplace – the CAPA Airline Fleet & Finance Summit (2/3-Mar, Singapore) at Capella Sentosa is not to be missed.
The CAPA airline fleet quiz: 15 challenging questions. CAPA Summit Singapore 2/3 March
Test your knowledge of the global aircraft fleet with this CAPA Quiz. If you have access to the comprehensive CAPA Fleet Database, it should be a breeeeze.
Rank your result:
15/15 = Outstanding! – you should set up your very own aircraft leasing company.
13-14/15 = Excellent – your colleagues should say the word ‘wiki…’ in front of your first name around the office.
10-12/15 = Very good – someone should shout you several drinks at the next air finance gathering.
9 or below/15 = Time to brush up – you need to sign up for CAPA's Fleet Database immediately.
Visit http://capaevents.com/AFFS17 for the answers