FINANCIAL NEWS

Etihad’s Boeing plane orders exceed USD36b

11 Dec 2014

(MENAFN) Etihad Airways has revealed that the airline’s Boeing orders have exceeded USD36 billion in their value and that the airline is supporting more than 200,000 jobs in the United States based on an estimate made by the US Department of Commerce that for each USD1 billion in the US aerospace industry, 5,747 American jobs are supported, Arabian Business reported.

The airline said that since 2006, it has introduced or placed orders for 115 wide-bodied Boeing aircraft, including 71 Boeing 787 Dreamliners, the first of which will enter service early next year.

“At 2014 list prices, the total value of Boeing jets we have received or have on order is $36.5 billion. Based on the US Government formula, this represents almost 210,000 US aerospace jobs,” the airline’s president and CEO said.

The carrier also announced the launch of its new service to San Francisco, thus making the Etihad operate 45 flights per week between Abu Dhabi and the US in 2014, in addition to its weekly cargo flights to Miami and Chicago.

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