• Airways
  • Railway
  • Roadways
  • Shipping & Port
Transport Advancement
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    MaaS

    Mobility as a Service – MaaS Set To Witness A Global Demand

    Transportation growth in Tourism

    On-Demand Transportation Throttles Growth in Tourism

    Achieving Global Retail Expansion And Sustained Growth

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    MaaS

    Mobility as a Service – MaaS Set To Witness A Global Demand

    Transportation growth in Tourism

    On-Demand Transportation Throttles Growth in Tourism

    Achieving Global Retail Expansion And Sustained Growth

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

  • Events
  • Contact Us
No Result
View All Result
Transport Advancement
No Result
View All Result
Home Airways

Ethiopian Airlines Orders 31 Boeing Jets In A Landmark Deal

15th November 2023
in Airways, News
0
SHARES
38
VIEWS
Share on FacebookShare on Twitter

In a development that took place on November 14, Ethiopian Airlines made a prominent move by placing an order for 31 Boeing jets, with the choice to purchase a further 36. This deal goes on to mark a milestone for the company, as it demonstrates their belief in the future growth of the aviation industry.

The announcement of the order, which took place at the Dubai Airshow, happens to be the largest ever purchase of Boeing aircraft by an African airline, as stated by the US manufacturer.

As per the CEO of the group, Mesfin Tasew, the airline’s expansion plans has in it buying 11 787 Dreamliner as well as 20 737 MAX planes, for a total list price in excess of $5.6 billion.

He pointed out that the inclusion of the latest technology, including both wide-body as well as narrow-body aircraft, will help them to expand their reach, better their operations, and also surge profitability.

According to Tasew, Ethiopian Airlines happens to be the largest carrier in Africa, operating a fleet of 140 aircraft and serving over 100 destinations. Brad McMullen, the Senior Vice President of Commercial Sales and Marketing at Boeing, went on to describe the flag carrier’s commitment as a significant milestone.

There are other airlines, apart from Ethiopian Airlines, that are also considering to go ahead with the expansion. On November 13, Emirates Airlines, which is based in Dubai, placed an order for 95 Boeing planes. Apart from this, FlyDubai, a budget carrier also based in Dubai, bought 30 wide-bodied aircraft from Boeing. These acquisitions are part of FlyDubai’s plan to expand its operations as well as come up with new routes.

Turkish Airlines has gone on to officially announce that it is in discussions with Airbus, the European competitor of Boeing, with regards to a potential order of 355 aircraft. In June, Indigo, India’s low-cost airline, happen to place an order for 500 Airbus A320-family planes, marking the largest order ever made for civil aircraft.

Although Boeing has got the majority of deals in Dubai during the air show week, Airbus made an announcement on November 14 regarding an order for 10 A350-900 planes placed by EgyptAir.

During a news conference, Christian Scherer, the commercial director of Airbus, expressed that the deal signifies a significant turning point in the prosperous and long-term partnership with the state-owned carrier.

Based on the manufacturer’s latest published list price, the transaction is worth $3.2 billion, without considering any discounts that are naturally applied in the industry.

On November 14, Emirates chief executive Tim Clark expressed his decision to pull back from purchasing Airbus’s A350 until he had completed discussions with engine manufacturer Rolls Royce. Clark holds Rolls Royce responsible for the perceived issues when it comes to durability as well as longevity.

He stated that 40% of the 350-1000s have been sold in this particular region and emphasized that this region is the main buyer of these airplanes and will continue to purchase them in large quantities once the engine issue is solved.

Airbus has stressed that the A350s utilize advanced technology, resulting in a 25% decrease in fuel consumption compared to previous models of its competitor.

However, the chief of Emirates also said that the choice of aircraft was primarily based on the importance of reliability. Boeing may not have the same level of technological advancement or use advanced build materials.

It is well to be noted that on November 14, Emirates announced that they had entered into contracts worth $1.2 billion with Safran, a renowned French aircraft equipment manufacturer. An agreement with Safran has been reached to provide new seats for their fleet of Airbus A350s, Boeing 777X-9s, and Boeing 777-300s. The cost of these seats is estimated to be $1 billion at list price.

Air Arabia, which is headquartered in Sharjah, a neighbouring emirate of Dubai, has placed an order for 240 LEAP-1A engines. The deal, valued at almost $3.36 billion, is intended to offer power for its current order of 120 Airbus A320neo family aircraft, says the company.

Previous Post

Reachable free of charge above the clouds - Free messaging on Lufthansa's European flights

Next Post

Global Air Travel To Surpass Pre-Pandemic Levels In 2024

Related Posts

Airlines Adopt Innovative
Airways

Airlines Adopt Innovative Ways to Procure Aircraft Parts

2nd May 2025
London Paris High Speed Rail Link
High-Speed Railways

FS Groups London-Paris High-Speed Rail Link on the Cards

15th April 2025
Swedish Transport Electric Bus
News

Swedish Transport Operator Orders 81 Solaris Electric Buses

15th April 2025
JBM New Electric Bus Design
Europe

JBM to Rollout New Electric Bus Designed for European Market

15th April 2025
Europe High Speed Rail
Europe

Starline: Europe High-Speed Rail with Metro-Like Function

15th April 2025
European High Speed Rail System
News

21st Europe Starline Rolls European High-Speed Rail System

14th April 2025
Next Post

Global Air Travel To Surpass Pre-Pandemic Levels In 2024

Latest Post

Airlines Adopt Innovative
Airways

Airlines Adopt Innovative Ways to Procure Aircraft Parts

2nd May 2025
Airways

DHL & Senior Aerospace UPECA Partner on SAF Solutions

6th March 2025
Airways

Ireland’s First International Air Delivery of Medicines on 100% Sustainable Aviation Fuel

25th February 2025
Airways

European transport groups call for more green fuel

18th February 2025
Global Demand For Air Cargo Shrinks Even Further In December
Airways

Cathay Cargo Eyes Indian Airlines For Hong Kong Facility

26th September 2024
Royal Schiphol Group announces redevelopment of its affiliate Terminal 4 at New York JFK Airport
Airways

How Private 5G Networks Are Transforming Airport Efficiency

26th September 2024
Transport Advancement

About Us

Transport Advancement is a leading information centric website for latest updates within the industry. We cover Railway, Road Traffic, Airways, Shipping & Port and run with an objective to provide knowledge driven content to our readers and subscribers in various forms like news, projects, upcoming events.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack
  • Newsletter Subscription

System

  • Search
  • Site map
  • RSS Feed
  • Airways
  • Railway
  • Roadways
  • Shipping & Port

© 2022 Copyright Value Media Services 2022 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Articles
  • Press Statements
  • Market Reports
  • Events
  • Contact Us

© 2022 Copyright Value Media Services 2022 All rights reserved.