Emirates Airlines Collects Capital

Following the release of the new Boeing 777x long-haul jet, Emirates Airlines has signed over 100 billion dollars in deals between Boeing and Airbus in a move to massively raise the size of their current fleet, purchasing 150 Boeing 777xs and 50 Airbus A380 airliners.

This move shows an aggressive attempt by Emirates to take over the air in the heavily trafficked routes through the Middle East as passengers travel from East to West. A purchase of this much capital will allow Emirates to have massive growth in the coming years, while competitors, such as Etihad and Qatar Airways, made smaller purchases of 25 and 50 planes respectively, leaving a huge gap between Emirates Airlines and the competition.

With these Gulf Airlines already having a strong history of growth, this may be the move to really leave Qatar and Etihad Airways in the lurch as Emirates Airlines surges ahead with this tremendous gain of capital.

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