$SIA (C6L.SG)$ : I think SIA also faces the same issue as Em...
$SIA (C6L.SG)$ : I think SIA also faces the same issue as Emirates do. Suffer heavy revenue losses.
Emirates really isn't happy with Boeing — and will be having a 'serious conversation' about the latest 777X delay.
Emirates has ordered 262 of the 777X, making it the biggest customer of the much-delayed jet. Whereas SIA has ordered 31 of them.
Because of inspection delays and ongoing strike action, "I fail to see how Boeing can make any meaningful forecasts of delivery dates," Sir Tim Clark said in a statement shared with Business Insider.
"Emirates has had to make significant and highly expensive amendments to our fleet programs as a result of Boeing's multiple contractual shortfalls and we will be having a serious conversation with them over the next couple of months," he added.
With 262 such planes on order — nearly half the overall total — Emirates is the largest customer for the 777X. With a capacity for more than 400 seats, it is set to become the largest twin-engine jet in operation. It will also include revolutionary folding wingtips and be 10% more fuel-efficient than competitors.
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Meng PaPa OP : Will SIA stay at $6.42 until the end of 2026 !