Five days before the start of the Farnborough Airshow, Emirates today finalized its big order for 150 777Xs.
The 777X in Emirates livery.
This order shows just how strong and resilient the airplane market is. In fact, that’s one of the main points of our updated 2014 Current Market Outlook— which I’ll officially unveil tomorrow in London. And we believe our current and future widebody lineup featuring super-efficient airplanes like the 777X is perfectly in line with what the market is demanding.
The Emirates deal brings our net total orders for the year to 649 airplanes. Airbus finally released its order total through the end of June, showing only 290 net orders. We know business hasn’t really been that slow in Toulouse, so I expect to see an interesting air show from them.