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Boeing and Emirates finalise $56 billion order for 150 777X planes

Deal includes purchase rights for an additional 50 airplanes

Reuters

Boeing said it had finalised an order for 150 777X planes from Dubai's Emirates Airline in a deal valued at $56 billion at list prices.

The deal includes purchase rights for an additional 50 airplanes that, if exercised, could increase the value to about $75 billion at list prices, Boeing said in a statement on Wednesday.

Last month, Emirates scrapped a $16 billion order for 70 Airbus A350 widebody aircraft.

The 777X, launched at the Dubai Airshow in November, is the latest version of Boeing's best-selling widebody jet, a so-called mini-jumbo, which carries a list price of up to $320 million.

 

The current versions are capable of seating up to 550 passengers in a single-class configuration, according to Boeing. In a more typical three-class configuration, the jet family seats up to 386 passengers and has a range of up to 9,395 nautical miles.

 

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First Published: Jul 09 2014 | 2:05 PM IST

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