Boeing Wins Record Order From Emirates Worth $26 Billion

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Boeing Co. secured the biggest order yet in its almost 100-year history after signing a $26 billion agreement with Emirates for as many as 70 777 aircraft that extends the Middle East carrier’s already dominant fleet.

The accord, signed at the Dubai Air Show today, includes firm orders for 50 aircraft valued at $18 billion, and the rest as options, Emirates Chairman Sheikh Ahmed bin Saeed Al Maktoum said. Deliveries will start in 2015, and the Dubai-based carrier will retire some older aircraft, he said.