Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Emirates Airline says ‘wings clipped’ by Boeing delays

by
November 27, 2024
in Stock
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

Unusual Machines stock surges on Trump Jr. advisory role

Next Post
Unusual Machines stock surges on Trump Jr. advisory role

Unusual Machines stock surges on Trump Jr. advisory role

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Rubio meets G7 ministers in France as US leads on Iran — allies under fire for tepid response

    Rubio meets G7 ministers in France as US leads on Iran — allies under fire for tepid response

    March 27, 2026
    Don Jr.’s shadow hangs over Trump mine fight as China retains critical minerals leverage

    Don Jr.’s shadow hangs over Trump mine fight as China retains critical minerals leverage

    March 27, 2026
    Machado tells US oil giants Venezuela will become beacon of wealth creation after Trump ousted Maduro

    Machado tells US oil giants Venezuela will become beacon of wealth creation after Trump ousted Maduro

    March 26, 2026
    Track all markets on TradingView

    About Proud For Profits

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

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • Rubio meets G7 ministers in France as US leads on Iran — allies under fire for tepid response
    • Don Jr.’s shadow hangs over Trump mine fight as China retains critical minerals leverage
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2026 proudforprofits.com | All Rights Reserved