Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Emirates Airline says ‘wings clipped’ by Boeing delays

by
November 27, 2024
in Investing
0
Emirates Airline says ‘wings clipped’ by Boeing delays

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
Previous Post

Workday stock dives as fiscal 2026 guidance disappoints despite earnings beat

Next Post

Pets at Home shares plunge on weak outlook

Next Post
Pets at Home shares plunge on weak outlook

Pets at Home shares plunge on weak outlook

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Markets may be repeating the mistake of 2019, Goldman Sachs warns

Markets may be repeating the mistake of 2019, Goldman Sachs warns

January 27, 2025
Rubio warns Brazil of US response after Bolsonaro’s conviction for plotting a coup

Rubio warns Brazil of US response after Bolsonaro’s conviction for plotting a coup

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Rubio warns Brazil of US response after Bolsonaro’s conviction for plotting a coup

Rubio warns Brazil of US response after Bolsonaro’s conviction for plotting a coup

September 12, 2025
Ryan Routh trial continues after agent testifies suspect aimed rifle at him on Trump’s golf course

Ryan Routh trial continues after agent testifies suspect aimed rifle at him on Trump’s golf course

September 11, 2025
GOP triggers nuclear option in Senate to break Dem blockade of Trump nominees

GOP triggers nuclear option in Senate to break Dem blockade of Trump nominees

September 11, 2025
Secret Service agent details ‘textbook ambush,’ bizarre self-representation in Ryan Routh trial

Secret Service agent details ‘textbook ambush,’ bizarre self-representation in Ryan Routh trial

September 11, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Rubio warns Brazil of US response after Bolsonaro’s conviction for plotting a coup

    Rubio warns Brazil of US response after Bolsonaro’s conviction for plotting a coup

    September 12, 2025
    Ryan Routh trial continues after agent testifies suspect aimed rifle at him on Trump’s golf course

    Ryan Routh trial continues after agent testifies suspect aimed rifle at him on Trump’s golf course

    September 11, 2025
    GOP triggers nuclear option in Senate to break Dem blockade of Trump nominees

    GOP triggers nuclear option in Senate to break Dem blockade of Trump nominees

    September 11, 2025
    Secret Service agent details ‘textbook ambush,’ bizarre self-representation in Ryan Routh trial

    Secret Service agent details ‘textbook ambush,’ bizarre self-representation in Ryan Routh trial

    September 11, 2025

    Top News

    Rubio warns Brazil of US response after Bolsonaro’s conviction for plotting a coup

    Rubio warns Brazil of US response after Bolsonaro’s conviction for plotting a coup

    September 12, 2025
    Ryan Routh trial continues after agent testifies suspect aimed rifle at him on Trump’s golf course

    Ryan Routh trial continues after agent testifies suspect aimed rifle at him on Trump’s golf course

    September 11, 2025

    Latest News

    • Rubio warns Brazil of US response after Bolsonaro’s conviction for plotting a coup
    • Ryan Routh trial continues after agent testifies suspect aimed rifle at him on Trump’s golf course
    • GOP triggers nuclear option in Senate to break Dem blockade of Trump nominees

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.