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Emirates makes largest-ever aircraft order worth $99bn

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DUBAI – Emirates airline, which operates twice daily flights into Lagos from its Dubai base, has again rewritten all records in civil aviation with an order for 150 Boeing 777X, comprising 35 Boeing 777-8Xs and 115 Boeing 777-9Xs, plus 50 purchase rights; and an additional 50 Airbus A380 aircraft.

Together, the Boeing and Airbus orders, excluding purchase rights, are worth an estimated $99 billion at list prices. This is the largest ever aircraft order in civil aviation and also Emirates’ largest order announced at any event to date.

The agreement was signed during the week at the Dubai Air Show by Sheikh Ahmed Bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group, with Jim McNerney, Boeing Chairman, President and CEO, and Fabrice Brégier, Airbus’ President and CEO.

The signing was witnessed by Sheikh Mohammed bin Rashid Al-Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai.

Emirates airlinesEmirates’ Boeing 777X order is the single largest aircraft order by value in the history of United States commercial aviation, and the additional A380 order cements Emirates, already the largest operator of this aircraft type, as the principal customer for the A380 worldwide.

These latest orders bring Emirates’ total firm order book to 385 aircraft (excluding options or purchase rights), comprising 214 Boeing 777s, 101 Airbus A380s, and 70 A350s, at a total estimated value of $ 166 billion.

“Air transport is a key enabler of world trade, and we see that demand for aviation services will continue to grow globally. What we’re announcing today is a continuation of our commitment and vision to connect the world through our efficient hub in the Middle East.

“Emirates’ aircraft orders today, with deliveries of the 777X scheduled to start in 2020, will take us to 2025 and beyond – replacing aircraft due for retirement and providing the foundation for future growth,” Sheikh Ahmed said.

“We are honoured by Emirates’ commitment to the newly launched 777X and the significant long term boost this provides to U.S. exports and jobs, Emirates has been an integral part of the 777 success story for many years and today operates the largest fleet of 777s anywhere in the world. We look forward to further strengthening our partnership with Emirates and continuing to support Dubai’s expansion into a global aviation hub”, Jim McNerney said.

Ahmed added further that the announcement includes the purchase of 300 GE9X engines from General Electric, to power the 150 Boeing 777X aircraft ordered.

Taking into account the U.S. Government jobs multiplier (every $1 billion in US aerospace exports supports 5,747 American jobs), he said today’s historic order will protect and support over 436,000 jobs in U.S. aerospace manufacturing – not only at Boeing and GE facilities, but with hundreds of other suppliers.

Emirates’ 777-8X and 777-9X will be a combination of two and three-class configurations, with the 777-8X potentially seating 342 passengers in 3 classes, and the 777-9X seating over 440 passengers in 2 classes.

– BUSINESS DAY

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Aviation

Accra Bound Aircraft Loses Engine Mid-Air After Departing NAIA, Abuja

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An Abuja-Accra flight experienced technical difficulties mid-air on Friday, forcing it to return to Abuja, shortly after departure.

The Nigerian Safety Investigation Board (NSIB) made the disclosure in a statement, adding that it has launched investigation into what it described as a serious accident.

Director, Public Affairs and Family Assistance, NSIB, Bimbo Olawumi Oladeji stated that preliminary investigations revealed the aircraft experienced an engine number two indication issue.

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It was gathered that the aircraft, with registration number 5NKAL which was operating a flight from the Nnamdi Azikiwe Airport, Abuja (DNAA), to Kotoka International Airport, Accra (DGAA).

She explained that four persons were onboard when the incident occurred. The crew immediately requested for a diversion back to Abuja due to the engine indication.

Oladeji added that the crew managed to safely land the aircraft at Abuja Airport at 18:16 UTC.

There were no injuries reported, and all individuals on board are safe.

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Aviation

FG Secures 12 Pre-Owned Alpha Jets to Bolster Nigeria’s Air Power

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Nigeria has acquired 12 pre-owned Alpha Jets from the French Air Force as part of efforts to enhance the operational capacity of the Nigerian Air Force (NAF).

The deal, facilitated through SOFEMA, a French military and aeronautics company, was announced by Olusegun Dada, Special Assistant to President Bola Tinubu on via X on Thursday.

He said, “All the 12 aircraft are ready for shipping.”

The Alpha Jet, a product of Franco-German collaboration, is a versatile military aircraft designed for light attack and advanced training missions.

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Equipped to carry bombs, rockets, and missiles, the aircraft also features a gun pod for close air support.

The NAF already operates 11 Alpha Jets, but this latest procurement signals a significant boost to its fleet.

Dada also confirmed that the Air Force is expecting 24 M-346FA light attack aircraft, ordered during the administration of former President Muhammadu Buhari.

The first batch of these Italian-made aircraft is expected to arrive early next year.

Air Chief Marshal Hasan Abubakar, the Chief of Air Staff, described the acquisitions as a testament to President Tinubu’s commitment to bolstering the armed forces.

“This renewal of our aircraft fleet reflects the government’s commitment to ensuring the safety and security of Nigerians,” Abubakar said.

The announcement comes on the heels of President Tinubu’s three-day state visit to France, where he met with French President Emmanuel Macron.

The visit, which took place from November 27 to November 30, highlighted deepening ties between the two nations.

To ensure the sustainability of its expanding fleet, the Air Force has proposed establishing a local maintenance hub.

Speaking in October, Abubakar noted that six units of the M-346FA aircraft were already in production, with the initial batch of three expected to be delivered in early 2025. The full fleet is projected to arrive by 2026.

“These developments underscore the importance of creating a domestic support system for the long-term upkeep of our aircraft,” Abubakar added.

 

 

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Aviation

Festive Season: Aero Contractors Slashes Ticket Prices To N80,000

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As the holiday season draws near, Aero Contractors has introduced a minimum ticket price of N80,000 for all local flights.

The move, which will last until January 2024, aims to ease the financial burden on Nigerians amid the high cost of living.

Ado Sanusi, Managing Director of Aero Contractors, made the announcement on Tuesday during a press briefing, describing the fare reduction as a gesture to help Nigerians celebrate Christmas and the New Year without the stress of steep ticket prices.

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Sanusi said, “We understand the economic hardship Nigerians are facing, especially with high ticket prices, and we know the holiday season is nearby.

“In the spirit of Christmas, Aero Contractors has introduced what we call pocket-friendly Christmas prices. These fares, starting at N80,000, will apply to all our destinations, allowing Nigerians to travel without excessive costs.”

As of Tuesday afternoon, an economy class ticket from Lagos to Abuja was priced at N99,643, while business class tickets were being sold for N189,167.

Sanusi further explained that the initiative was designed to make it easier for families to reunite during the holidays.

“This is a way for us, as an organization with a long history of serving Nigerians, to give back to our loyal customers. We want to make it possible for families to meet their loved ones during this festive season without worrying about exorbitant travel costs,” he added.

 

 

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