Dubai Airshow: Emirates invests $1b to expand cargo capacity with freight orders

Emirates ordered two new Boeing 777 freighters at the Dubai Airshow and plans to convert four of its Boeing 777-300ER passenger aircraft into freighters in a $1b investment amid a surge in air cargo demand globally. The two new Boeing 777-Fs will join the fleet next year, while the aircraft conversions will take place between 2023 and 2024 as the airline seeks to expand its freighter capacity, Emirates said on Monday. "This underscores our commitment to supporting our customers’ requirements, and reflects our confidence in our future growth and status as one of the largest airline cargo carriers in the world," said Sheikh Ahmed bin Saeed, chairman and chief executive of Emirates airline and group. Emirates SkyCargo signed a purchase agreement with Boeing for two new Boeing 777-F aircraft, which will be delivered in April and June 2022 respectively.<br/>