* Order first announced at the Dubai Air Show in November
* Deal includes purchase rights for additional 50 jets
* Comes weeks after Emirates cancelled Airbus A350 order
(Recasts, adds details, background)
July 9 Dubai airline Emirates
finalised a $56 billion order to buy 150 Boeing 777X jets
on Wednesday, firming up a commitment made last year, just weeks
after scrapping an order with rival planemaker Airbus.
The deal includes purchase rights for an additional 50
airplanes which, if exercised, could increase the value to about
$75 billion at list prices, Boeing said in a statement.
"With the order for 150 777Xs, Emirates now has 208 Boeing
777s pending delivery, creating and securing jobs across the
supply chain," Emirates president Tim Clark said.
The agreement comes days before the Farnborough
International Airshow, traditionally an event at which billions
of dollars of new plane orders are announced.
It follows the surprise cancellation in June of a
$16-billion order by Emirates to buy 70 of Airbus' A350
aircraft, which delivered a blow to the European planemaker's
newest aircraft and hit its share price.
Airbus ended the first half of the year behind its U.S.
rival in orders and deliveries, but is widely expected to unveil
hundreds of new orders at the Farnborough show next week.
The Emirates' order was part of the 777X launch at the Dubai
Air Show in November last year, one of the largest product
launches in commercial jetliner history. Along with Emirates,
Gulf carriers Etihad Airways and Qatar Airways also announced
deals for the plane, totalling $100 billion at list prices.
Emirates, which is the world's largest operator of the
Boeing 777 jet, was close to finalising the order, Reuters
reported last week.
Emirates and Qatar Airways, which also ordered 50 777X jets,
had jointly negotiated the deal at the Dubai Air Show. However,
it was not clear whether the Doha airline had finalised its
Qatar Airways could not be immediately reached for a
Emirates and Qatar Airways are part of a trio of Gulf
carriers, alongside Abu Dhabi's Etihad, that have secured large
fleets of widebody jets to support the growth of new hubs.
The 777X 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
(Reporting by Supriya Kurane in Bangalore; Writing by Praveen
Menon; Editing by Jason Neely and Mark Potter)