Boeing Lands Big Win: Emirates Orders 5 More 777 Freighters

The Boeing Company (NYSE:BA) shares are trading higher premarket on Monday. The company disclosed an order from Emirates SkyCargo for five additional 777 Freighters, adding to a previous order of five.

Finalized in September, the order increases Emirates’ total Boeing widebody aircraft orders to 249, including 14 of its 777 Freighters.

Emirates SkyCargo plans to nearly double its fleet of 777 Freighters to 21 in the coming years, up from the current 11, as it continues expanding its capacity.

The 777 Freighter, with a range of 9,200 kilometers and a 102-tonne capacity, is the longest-range and highest-capacity twin-engine cargo jet.

It allows ...