
Long-hauled carrier Emirates is buying five Boeing 777 freighters in a deal valued at more than $1.7 billion, further expanding its cargo flight capacity, the two companies announced Tuesday.
Emirates previously announced a $1 billion investment to its cargo flights, including buying two new Boeing 777s and converting 10 Boeing 700-300ER passenger planes into freighter aircraft. The two new aircraft joined Emirates' fleet in 2022, while the conversions are scheduled to begin in 2023.