Emirates to Invest $14.5 Billion on 37 New Planes

The National02.02.2016 Aviation
Emirates to Invest $14.5 Billion on 37 New Planes

Emirates to Invest $14.5 Billion on 37 New Planes

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Dubai-based Emirates airline has unveiled plans to expand its fleet with the addition of 37 new planes, worth a total of $14.5 billion, to support its expansion of global operations, said a report.

According to The National, the airline will receive 21 Airbus A380 superjumbos (photo) and 16 Boeing 777s by March 2017, Chief Commercial Officer Thierry Antinori said.

Beginning in February, Emirates will fly to Panama in what will be the longest nonstop commercial flight by any carrier, overtaking Qantas Airways’ service to Dallas from Sydney, the report said.

It will also fly to new destinations this year, including Cebu in the Philippines and two cities in China, as well operate five daily flights between Dubai and Colombo every day, except Wednesdays when it will operate four flights, from August 1.

“We will continue to grow. We will continue to invest, innovate, and have a younger fleet. It’s about creating new markets,” Antinori said.

The Gulf carrier also plans to retire 26 airplanes, including some A330s and A340s, from its fleet, Antinori said. The airline is studying an order for Airbus's A350-900 and -1000 variants along with Boeing's 787-9 and -10 models.

As of January 17, the carrier had 247 aircraft in operations with 257 on order.

 

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