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	<title>Tim Clark Archives - International Finance</title>
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	<title>Tim Clark Archives - International Finance</title>
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		<title>Emirates boss hints at increasing aircraft order book amid Boeing delays</title>
		<link>https://internationalfinance.com/aviation/emirates-boss-hints-increasing-aircraft-order-book-amid-boeing-delays/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=emirates-boss-hints-increasing-aircraft-order-book-amid-boeing-delays</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Fri, 29 Nov 2024 07:43:17 +0000</pubDate>
				<category><![CDATA[Aviation]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Airbus]]></category>
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		<category><![CDATA[Emirates]]></category>
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		<category><![CDATA[Tim Clark]]></category>
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					<description><![CDATA[<p>Tim Clark, who has criticized Boeing's delays and a strike earlier 2024, stated that the airline's growth strategy depends on the 64 A350s that are still in order</p>
<p>The post <a href="https://internationalfinance.com/aviation/emirates-boss-hints-increasing-aircraft-order-book-amid-boeing-delays/">Emirates boss hints at increasing aircraft order book amid Boeing delays</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span data-preserver-spaces="true">In his latest media interaction, Emirates&#8217; boss Tim Clark raised the possibility of adding more A350s to the airline&#8217;s order book from the current 65.</span></p>
<p><span data-preserver-spaces="true">“As you know, we’ve had our wings clipped, because of COVID and supply chain delays. We are a frustrated entity because we need aeroplanes and we need them like now,” Clark said on the sidelines of the delivery of the airline’s first A350-900 aircraft in Dubai, as reported by Zawya.</span></p>
<p><span data-preserver-spaces="true">“Had the 777 9X been delivered </span><span data-preserver-spaces="true">to us</span><span data-preserver-spaces="true">, we would have 85 [new aircraft] by now. But with the A350 delivery, we are not trying to activate our network and grow it considerably more than </span><span data-preserver-spaces="true">what</span><span data-preserver-spaces="true"> it is today,” he said.</span></p>
<p><span data-preserver-spaces="true">In light of Emirates&#8217; current acceleration of its growth strategy, Clark rejected plans for a sukuk or bond to finance the airline&#8217;s expansion, stating that it currently has &#8220;plenty of money.&#8221;</span></p>
<p><span data-preserver-spaces="true">The aviation industry veteran also declined to comment on any plans for an initial public offering (IPO), a business strategy that rival Etihad Airways is reportedly considering.</span></p>
<p><span data-preserver-spaces="true">The president of </span><strong><a class="editor-rtfLink" href="https://internationalfinance.com/aviation/emirates-orders-boeing-freighters-amid-tensions-with-american-planemaker/" target="_blank" rel="noopener"><span data-preserver-spaces="true">Emirates</span></a></strong><span data-preserver-spaces="true">, who has criticised Boeing&#8217;s delays and a strike earlier </span><span data-preserver-spaces="true">2024</span><span data-preserver-spaces="true">, stated that the airline&#8217;s growth strategy depends on the 64 A350s that are still in order.</span></p>
<p><span data-preserver-spaces="true">Despite the setbacks, the flagship Gulf carrier has no immediate plans to reconsider its 777-9X order, opting instead to monitor Boeing’s manufacturing progress.</span></p>
<p><span data-preserver-spaces="true">Additionally, Clark rejected plans to review the 777x orders with Boeing, stating, &#8220;We have to wait and hope they can resolve their current predicament. After the strike ends and the USD 21 billion that was recently invested in the company, I&#8217;m hoping that they will use the upcoming months to decide what to do. We are closely monitoring that.&#8221;</span></p>
<p><span data-preserver-spaces="true">Newly-appointed </span><strong><a class="editor-rtfLink" href="https://internationalfinance.com/aviation/will-boeing-be-able-to-stick-to-its-aircraft-delivery-targets-analysts-answer/" target="_blank" rel="noopener"><span data-preserver-spaces="true">Boeing</span></a></strong><span data-preserver-spaces="true"> CEO Kelly Ortberg announced in October 2024 that the first 777-9 deliveries are </span><span data-preserver-spaces="true">now</span><span data-preserver-spaces="true"> expected in 2026 due to development challenges, the flight-test pause, and the workers&#8217; strike-related work stoppage.</span></p>
<p><span data-preserver-spaces="true">However, things have been running smooth, when it comes to inducting new Airbus jets. Emirates has already received its first Airbus A350, registered as A6-EXA, </span><span data-preserver-spaces="true">which also marked</span><span data-preserver-spaces="true"> the airline’s first new aircraft type addition since 2008, with 64 more A350s slated for future delivery.</span></p>
<p><span data-preserver-spaces="true">The A350 will enter commercial service in January 2025, starting with flights to Edinburgh. The aircraft’s network will expand to include eight more destinations across Europe, the Middle East, and West Asia.</span></p>
<p><span data-preserver-spaces="true">Configured in a three-class cabin, Emirates’ Airbus A350-900 will accommodate 312 passengers, </span><span data-preserver-spaces="true">apart from</span><span data-preserver-spaces="true"> offering 32 flatbed business-class seats in a 1-2-1 configuration, 21 premium economy seats, and 259 economy seats.</span></p>
<p><span data-preserver-spaces="true">Emirates has ordered 65 A350-900 aircraft and plans to receive 10 </span><span data-preserver-spaces="true">of them</span><span data-preserver-spaces="true"> by March 2025, underscoring its commitment to fleet enhancement and operational growth.</span></p>
<p>The post <a href="https://internationalfinance.com/aviation/emirates-boss-hints-increasing-aircraft-order-book-amid-boeing-delays/">Emirates boss hints at increasing aircraft order book amid Boeing delays</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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