Emirates places massive $38 billion order on Boeing..

Emirates announced on Monday that it had ordered 65 additional Boeing 777-9 aircraft, with a list value of $38 billion, on the opening day of the Dubai Airshow 2025.

Emirates is Boeing's largest customer for wide-body jets, and today's announcement brings the airline's total order book with Boeing to 315 wide-body aircraft.

"This represents a huge long-term commitment to American aerospace manufacturing, which will create support for millions of high-value manufacturing jobs in the US during these programs," Emirates said in a statement on Monday.

The move is expected to be welcomed by the Trump administration, which is encouraging foreign companies to invest in the US. Boeing jets are often included in trade deals brokered by the administration. South Korea, Japan, the UK, Malaysia, and Indonesia have all placed large orders for Boeing aircraft as part of trade negotiations.

According to a company statement, the Boeing 777-9 aircraft is powered by GE 9X engines, bringing Emirates' total order book for GE9X engines with GE Aerospace to 540.

Russell Stokes, President and CEO of Commercial Engines and Services, GE Aerospace, told CNBC, "Already the world's largest customer for GE90 and GP7200 engines, this additional GE9X order demonstrates Emirates' confidence in our technology and our team."

"We stand ready to support Emirates in every way possible to leverage the efficiency and sustainability of our industry-leading solutions and services."

Sheikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline & Group, said the order reflects "our partnership with Boeing and GE and our long-term commitment and validation of American aerospace."

Emirates is grappling with lengthy delays in Boeing's 777X program, a cornerstone of its fleet renewal strategy. Boeing is grappling with certification hurdles and production bottlenecks, pushing the delivery timeline for the airline's order into 2027.

Emirates has spent billions of dollars refurbishing older jets to bridge the gap, and the airline's president has publicly called for accountability from Boeing. He said in an interview with CNBC's Dan Murphy last year that the aircraft manufacturer needs to "get its act together."

The delays underscore the growing pressure on Boeing's new CEO, Kelly Ortberg, to stabilize production and restore confidence amid an industry-wide supply crisis.