Emirates is closing in on a widely anticipated deal to buy a revamped version of Boeing's 777 passenger jet but still has “a lot of work to do” in negotiations on the price

, the airline's President was quoted as saying.

“We spent the summer working through the technical side of the aeroplane and from what I can see it looks very good,” Tim Clark told aviation publication Flightglobal in an interview.

“We will now look at the pricing and commercial aspects. So far so good, but there's still a lot of work to do,” he said.

Dubai's Emirates is the largest operator of Boeing's twin-engined 777 jetliner and is looking at a more fuel efficient version dubbed 777X that Boeing plans to introduce around 2020.

The airline says it will eventually need to replace 175 current-generation 777s and most industry analysts expect it to order a significant share of those at November's Dubai air show. Germany's Lufthansa signed up for the jet last week.

Clark said a deal would happen “when it suits us - it may be the Dubai air show, but if we're not ready, we won't be doing it.”

He also told the publication the plane's new General Electric GE9X engines would need a special system of water cooling to work efficiently in the Gulf's summer heat.

Without this, it would not deliver significant benefits over the current 777 model in extremely hot weather.
Boeing had no immediate comment on the article.

A GE spokesman said it had nothing to add to Clark's discussion of the water-injection system.

 Source: Reuters