• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Emirates Airline says ‘wings clipped’ by Boeing delays

by November 27, 2024
written by November 27, 2024

By Federico Maccioni

DUBAI (Reuters) – Emirates Airline is a “frustrated entity” because of a lack of planes, the carrier’s president said on Wednesday, adding that it would now have an 85-strong fleet of Boeing (NYSE:BA) 777-9X jets if the planemaker had been able to deliver them on time.

“We are expansionists, as you know. And we’ve had our wings clipped,” Tim Clark told reporters at an event to mark delivery of Emirates’ first Airbus A350 aircraft.

Emirates, the Middle East’s biggest airline, has increasingly voiced its displeasure over delays and uncertainty plaguing delivery of the 777-9X jets, which were exacerbated by a weeks-long strike by Boeing factory workers.

Asked if there were any plans to review the orders in light of the delays, Clark said the company would just wait and see.

“I’m hoping that with the $21 billion they’ve just had injected into the company and the end of the strike, they’re now working over the next few months to sort out what they’re going to do. We watch that very closely,” he said.

Boeing’s new CEO said in October that the planemaker had told customers it expects first delivery of its 777X in 2026, owing to challenges in development, a flight-test pause and the work stoppage.

Clark also said that the new Airbus A350 aircraft would drive the next phase of Emirates’ growth, enabling it to consider new destinations.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Workday stock dives as fiscal 2026 guidance disappoints despite earnings beat
next post
Stocks pause, currencies mixed on Trump tariff concerns

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Elon Musk’s SpaceX acquires xAI

      February 25, 2026
    • The architect of Amazon’s supply chain on running a startup with your spouse

      February 25, 2026
    • Trump administration alleges Nike discriminated against white workers

      February 25, 2026
    • Landmark trial accusing social media companies of addicting children to their platforms begins

      February 25, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (688)
    • Stock (6,426)

    Latest News

    • Elon Musk’s SpaceX acquires xAI
    • The architect of Amazon’s supply chain on running a startup with your spouse

    Popular News

    • Powell’s speech, Salesforce, French political woes – what’s moving markets
    • STMicroelectronics cuts outlook as Q3 revenue misses, shares fall

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy