Boeing, Airbus announce Dubai Air Show orders
The Dubai Air Show was lucrative for both Boeing and Airbus, with both aircraft manufacturers reporting sales in the double-digit billions. It was Emirates Airline’s order of 50 Boeing 777-300ERs that really had people talking, however.
The Dubai-based carrier’s order, valued at $18 billion, marks the single largest aircraft order in Boeing’s history, company officials said. Emirates also has the option to purchase 20 more of the twin-aisle commercial aircraft.
Emirates CEO Sheikh Ahmed bin Saeed Al Maktoum called the 777s the “backbone” of his carrier’s fleet. He expects to deploy the extended-range version of the aircraft on international routes, which will be announced in the future. “This order supports our fleet expansion and reiterates our commitment to operating a modern fleet for the benefit of our passengers and to ensure operational efficiency as well,” he said in a statement.
Other key orders for Boeing included the sale of two 777Fs to Qatar Airways and six 787-8s to Oman Air.
Airbus also fared well at the Dubai Air Show, gaining 211 orders and commitments valued at $20.5 billion. The A320neo was the big winner for the European manufacturer, with sales of this aircraft totaling $13.7 billion. In addition to these orders, Airbus signed 76 MoUs worth $6.8 billion for the A320neo.
Qatar and Florida-based Spirit Airlines were Airbus’ largest customers, a spokesman for the aircraft manufacturer said. Qatar placed orders for 50 A320neos and five A380s while Spirit Airlines inked a deal to acquire 45 A320neos and 30 A320s. These orders and commitments are valued at $6.4 billion and $6.7 billion, respectively.
Aviation Capital Group executives also revealed plans to expand their fleet with the A320neo, purchasing 30 of the aircraft. “With the neo, we are able to offer our customers a tool that cuts fuel burn by 15 percent,” Aviation Capital Group CEO Stephen Hannahs said in a statement. “There’s no doubt that this aircraft will be snapped up by operators worldwide.”