In order to increase its cargo fleet and meet the demand for cargo transportation in the short and medium term, Emirates made a deal with Boeing to purchase five additional 777F aircraft, totaling more than $1.7 billion at list prices.
Two of the five Boeing 777Fs will be delivered in 2024, while the remaining three will be in 2025.
Emirates SkyCargo, the airline’s cargo division, already uses 11 Boeing 777 aircraft.
“Emirates is investing in new freighters so that we can continue to serve customer demand with the latest fuel-efficient aircraft.
This order reflects Emirates’ confidence in airfreight demand and overall aviation sector growth,” stated Sheikh Ahmed bin Saeed Al Maktoum, the chairman, and chief executive of Emirates Airline and Group.
Stan Deal, the president and CEO of Boeing Commercial Airplanes, noted that the plane maker values “the trust that Emirates has repeatedly placed in its all-Boeing freighter fleet,” as the additional five 777Fs “will enable the airline to support its growing cargo market demand.”
In addition to the recently announced freighters, the airline has added two new wide-bodies to its fleet in May and June 2022, and it has plans to start converting 10 of its B777-300s into freighters in 2023.
According to Sheikh Al Maktoum: “The new deal lays the ground for our continued growth, which is driven by the reach of our diverse global network, the advanced handling infrastructure at our Dubai hub, and the tailored transport solutions that Emirates has developed to serve our varied customers’ needs.”
