Latest in Tag: Boeing Highlight
Latest in Tag: Boeing
First instalment of operating lease for new Boeing aeroplanes will be paid after first aircraft arrives on15 December, says Mosallam
Dubai to finance purchase of eight of these aircrafts
Order backlogs, Brexit concerns, slowing demand in Asia – pressure on the aircraft industry is mounting. And yet the two biggest players came out with big deals and high hopes at the sector’s key trade show.
The world’s biggest air show is due to start in England on Monday amid pressure on the industry’s leaders to juggle growing concerns over jetliner demand and record production plans.
An Air Canada flight en route from Shanghai to Toronto diverted and landed in Calgary after severe turbulence injured 21 passengers. It was not immediately clear what caused the atmospheric instability.
Australian airline Qantas has reported a healthy profit one year after having posted huge losses. It also announced it will take delivery of eight Boeing 787 Dreamliner aircraft. Qantas posted an Aus$557m (US$409m) annual net profit in the year ending 30 June.
Reuters – Boeing Co, the world’s biggest airplane maker, and engine maker General Electric Co said on Friday they had received licenses from the US Treasury Department to export certain spare parts for commercial aircraft to Iran under a temporary sanctions relief deal that began in January. GE spokesman Rick Kennedy said the Treasury had …
Reuters – Qatar announced contracts worth about $23bn on Thursday to buy attack helicopters, guided missiles, tankers and other weapons from Boeing Co, Airbus and other arms makers as the Gulf state accelerates its military build-up. The world’s top liquefied natural gas (LNG) exporter announced deals with about 20 global companies, including firms from the …
Dubai-based Emirates led the buying spree on Sunday with an order for 150 of Boeing’s new 777 mini-jumbo, in a deal worth $76bn at list prices.
The U.S. plane maker looks set to dominate the show with over $100 billion of deals
Planes include three Airbus 340 and four Boeing 777/200 models
By Jeffrey Johnson Over the past decade, the Middle East has consistently been in the aviation industry’s spotlight as countries in the region invested heavily in passenger airplanes for their airlines, some of which are amongst the largest and fastest growing in the world, and state-of-the art equipment for their defence forces. In recent times, …
DUBAI: Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears of stalling global growth. The Dubai government-owned carrier, expanding its role as the world’s largest operator of Boeing’s most profitable plane, said the deal was …