FINANCIAL NEWS

Gulf carriers order planes for USD150 b in Dubai Airshow

18 Nov 2013

(MENAFN) Carriers from the Gulf placed orders worth USD150 billion on the first day of the Dubai Airshow, Times of Oman reported.

The volume of the orders shows a shift in power in the industry and gives a push to the launch of Boeing’s newest jet, as well as Airbus’s A380 superjumbo.

Emirates Airlines placed orders for 150 of Boeing’s new 777 mini-jumbo for USD76 billion. The carrier also ordered 50 Airbus A380s at USD23 billion making the biggest buyer in the Airshow.

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