Emirates Airlines makes plans to Acquire New Aircrafts worth $14.5 Billion

The world’s largest long-haul based airline, Emirates, recently made  plans to add 37 new aircrafts to its fleet in the fiscal year beginning in April. These aircrafts will come in handy as the airline company is looking  to add new destination flights and expand on its operations in Asia. These aircrafts are scheduled to be delivered by the March 2017 and all 37 aircrafts will be made up of 21 Airbus A380 superjumbo aircrafts and 16 Boeing 777 aircrafts. At list price, Emirates estimates these total number of aircrafts to cost $14.5 billion.

Emirates airline already offers flights to approximately 150 destinations located in approximately 80 countries. Overtaking the flight distance offered by Qantas Airways from Sydney to Dallas Emirates Airline plans on beginning operations to Panama in February, will be longest nonstop flight offered by any commercial airline.

In recent press statement Thierry Antinori, Emirates Airline Vice President and Chief Commercial Officer said that the company “Will continue to grow,” Antinori also went on to say that “We (Emirates Airline) will continue to invest, innovate, have a younger fleet. It’s about creating new markets.”

In addition to acquiring 37 new aircrafts the Dubai-based airline also plans on retiring 26 aircrafts, including some A340s and A330s, from its fleet. The airline is also looking at ordering, in the near future, Boeing’s 787-9 and -10 models as well as Airbus’s A350-900 and -1000 variants

New destinations have been added to the airline’s flight destinations this year with destinations including two cities located in China and one destination flight to Cebu located in the Philippines.

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