Quick links: United States | Major Indices | Indices Future | Real-time Commodities | Webinars | Coronavirus | Economic Calendar
Stock Market
14 Nov 2021
Emirates May Opt for Airbus A350s if Boeing Delays Continue
The Index Today
Tim Clark, President of Emirates has stated that unless Boeing Co. finalizes delivery dates for 777X model, the company may consider boosting deliveries of Airbus SE A350 jets instead. Emirates is expected to discuss options regarding schedule for the wide-body with the U.S manufacturer.
The outcome of discussions could point towards seeking other options to have A350 delivered sooner. Tim Clark said to Bloomberg Television, “You can never say ever. We’ll be looking at what the outcome if of the Boeing discussion were about to have to see how far they’ve got on. We also have aircraft from Airbus coming in, A350-900s. So well have a look at all that and see how it best fits the network.”
The 777X delay has ongoing due to extensive red tape, regulatory approval and scrutiny after the Boeing’s 737 Max Model. Tim stated, “We’re not altogether sure they’ve out of the woods yet. It’s a question of the external input, the agencies that are involved around the build and certification of the aircraft that Boeing have got to make their peace with. There are issues still out there which Boeing has got to resolve.” As travel begins to increase, the client demand has gone up by 50% although cargo still takes the lead.
©Photo: paddleyourownkanoo
