Emirates Orders (Dubai Airshow)
Boeing Wins $9.7 Billion Order From Emirates at Dubai Airshow
Nov. 20 (Bloomberg) -- Boeing Co., the world's second-biggest commercial planemaker, won an order from Emirates for 42 long- range 777s worth about $9.7 billion, bringing the plane maker closer to beating Airbus on new orders for the first time in five years.
Emirates, the biggest and fastest-growing carrier in the Persian Gulf region, plans to ``strengthen our long range plans, including to the U.S.,'' Sheikh Ahmad Bin Sayeed al-Maktoum, chairman of Emirates Group, said at the Dubai Air Show today in the United Arab Emirates.
Boeing, with six weeks left until the end of 2005 appears likely to surpass Airbus this year on new orders. As of Nov. 18, Chicago-based Boeing had booked 659 orders compared with 494 for Toulouse, France-based Airbus. Airbus, which first delivered more planes than Boeing in 2003, will maintain that lead this year as it expects to sell 370 planes this year compared with 290 planned by the U.S. company.