Emirates is in talks with Boeing to partly cancel or replace its 777X order

Paris, France - Emirates is in talks with Boeing to partly convert or even cancel its massive 777X order of $76 billion. The airline currently has 150 Boeing 777X on order with the American aircraft manufacturer.

Gulf carrier is expected to be one of the launch customers of the Boeing's new wide-body jet coming with a groundbreaking foldable wing technology. The first delivery is due in mid-2020. However, Emirates plans to defer or even cancel some of its orders.

Emirates' order represents nearly half the firm orders for the Boeing's 777X. The American aircraft manufacturer has so far accumulated 344 orders for its new wide-body jet from customers around the world.

On June 14, Emirates president Tim Clark confirmed the negotiations with Boeing for the airline's 777X order. According to Clark, they are close to a conclusion, but it will be announced at the Dubai Air Show this fall.

According to the rumors, Emirates might either drop the order partly or replace it with the Boeing 787 Dreamliner. Emirates has no Dreamliner in its fleet.

In 2017, the airline announced an order agreement with Boeing for 40 Boeing 787-10. But the airline did not mention this order during the annual meeting of the company earlier this year.

Emirates has so far proceeded a very straight fleet strategy operating two aircraft types only - Airbus A380 and Boeing 777.

In February, Emirates signed an order deal with Airbus for 40, A330-900 and 30, A350-900. The order was part of a deal to cancel a firm order for 39 Airbus A380.

Clark said the driving force for revising their order for 150 777X was the Airbus's decision to end the A380 program in February this year.