Boeing (Chicago and Seattle) and Qatar Airways (Doha) have finalized an order for 50 777-9Xs, valued at $18.9 billion at current list prices. The 777X order, first announced as a commitment at the 2013 Dubai Airshow, was part of the largest product launch in commercial jetliner history.
In addition, the airline announced a commitment for 50 additional 777-9X purchase rights. If exercised, that would take Qatar’s 777X order tally to 100 airplanes valued at $37.7 billion at list prices.
Qatar Airways also announced their intent to order four 777 Freighters and options for four more, with a combined value of $2.4 billion at list prices.
The 777X will introduce the latest technologies including the most advanced commercial engine ever – the GE9X by GE Aviation – and an all-new high efficiency composite wing that has a longer span than today’s 777. The 777X family includes the 777-8X and the 777-9X, both designed to respond to market needs and customer preferences.
The 777-9X will be 12 percent more fuel efficient than any competing airplane, necessary in today’s competitive environment. The 777-8X is 5 percent more efficient than its competitor at all ranges while providing for new network opportunities. Design of the 777X is underway and production is set to begin in 2017, with first delivery targeted for 2020. To date, the 777X has accumulated 300 orders and commitments from six customers worldwide.