Saturday, November 19, 2011

DTN News - BOEING / AIRLINES NEWS: Boeing Makes History With A Week To Remember

DTN News - BOEING / AIRLINES NEWS: Boeing Makes History With A Week To Remember
(NSI News Source Info) TORONTO, Canada /

SEATTLE, November 18, 2011: Boeing's (NYSE: BA) history-making week has resulted in orders and commitments for 359 airplanes.

"This has been an outstanding week for our customers and our employees," said Jim Albaugh, president and CEO, Boeing Commercial Airplanes. "We're pleased that in planning for their future, our customers have chosen Boeing airplanes."

Boeing has now set a record for 777 orders in a single year with 192 to date. That surpasses the previous record of 154 set in 2005. The company also announced two record-setting deals with Emirates and Lion Air, as well as other deals during and after the Dubai Airshow:

  • Emirates Airline ordered 50 777-300ERs, with options for 20 more.
  • Oman Air ordered six 787-8s.
  • Qatar Airways ordered two 777 Freighters.
  • Lion Air committed to buy 201 737 MAXs and 29 Next Generation 737-900ERs. The agreement also includes purchase rights for an additional 150 airplanes.
  • Aviation Capital Group (ACG) committed to buy 35 737 MAX airplanes and finalized a firm order for 20 Next-Generation 737-800s.
  • Singapore Airlines finalized order for eight 777-300ERs.
  • Unidentified customer ordered eight 777s.

"We continue to see worldwide expansion in air traffic, and as a result, strong customer demand for our products and services," added Albaugh. "Our product strategy is playing out as we expected with our wide-body offerings being the airplanes of choice and the 737 MAX enjoying tremendous customer acceptance."

Demand for Boeing's airplanes is also fueling and sustaining American jobs. Since the start of this year, Boeing has added more than 11,000 jobs in its commercial airplanes division. As production rates increase across all airplane programs, the company will continue to hire a highly skilled workforce that is critical for the future of aviation.

Gulf carriers aim for top spot in global travel

AFP - ‎Nov 17, 2011‎
DUBAI — Gulf carriers have underlined their ambition to redraw world travel maps and turn the region into a global hub by placing record orders for new planes at the Dubai Airshow closing on Thursday. Aircraft manufacturers Boeing and Airbus have ...

Emirates dominates the show

Khaleej Times - ‎Nov 17, 2011‎
DUBAI - Emirates airline dominated the Dubai Airshow with its $18 billion order while Airbus and Boeing finished the event neck and neck on agreements. Dubai's fast-growing carrier kicked off the Middle East's biggest airshow with a huge order for 50 ...

Airbus Draws With Boeing at Dubai Show Dominated by 777, Tirades

BusinessWeek - ‎Nov 16, 2011‎
Nov. 16 (Bloomberg) -- Airbus SAS and Boeing Co. finished the Dubai Air Show neck and neck on contracts, in an event dominated by Boeing's biggest-ever order and a public tirade against Airbus by one of its biggest ...

Boeing, Airbus secure major deals

gulfnews.com - ‎Nov 16, 2011‎
Dubai: Rival European and American planemakers Airbus and Boeing have claimed successes at the 12th edition of Dubai Airshow that concludes today. Onsite orders have crossed $45 billion (Dh165 billion) in the last four ...

Emirates has its eye firmly on the future

gulfnews.com - ‎Nov 16, 2011‎
The key buzz-point for this week's airshow was no doubt the opening day order by Emirates of 50 Boeing 777-300ERs with options on a further 20 of the type — a potential $26 billion (Dh95.4 billion) deal for Boeing ...

Qatar Airways may opt for Boeing 767 freighters

gulfnews.com - ‎Nov 16, 2011‎
Dubai: Qatar Airways, which has been looking to expand its freight business, will no longer be looking to convert its A330 passenger aircraft into freighters. The carrier may instead opt for older Boeing 767 planes, ...

Boeing Catching Lift Up To $91 Stock Price

Forbes - ‎Nov 16, 2011‎
Boeing recently announced the biggest commercial airplane manufacturing order in the company's history from the Dubai-based Emirates Airlines. The order is for 50 777-300 extended range aircraft totaling a whopping $18 billion. This will certainly help ...

Full throttle

Business Standard - ‎Nov 16, 2011‎
Gulf airlines can afford a little arrogance. Qatar Airways' outspoken chief executive gave planemaker Airbus a blunt lecture on strategy at the region's air show, telling the European group to “go back to basics” before changing tack and placing a $6 ...

Airbus, Boeing Take Equal Share of Gulf Orders

Wall Street Journal - ‎Nov 16, 2011‎
DUBAI—Persian Gulf airlines showed few signs of tightening their purse strings at the 2011 Dubai Air Show, defying an uncertain global economic environment in a week that will be remembered for Emirates Airlines' record $18 ...

Airbus, Boeing tie at Dubai air show

Channel News Asia - ‎Nov 16, 2011‎
DUBAI: Airbus and Boeing concluded Dubai Airshow on Wednesday head to head after bagging big orders, while the European producer widened the gap with its US rival in promoting eco-friendly, single-aisle jets. The prestigious show was kicked off with a ...

GE Aviation Orders Top $13B at Dubai Air Show

MarketWatch (press release) - ‎Nov 16, 2011‎
DUBAI, United Arab Emirates, Nov 16, 2011 (BUSINESS WIRE) -- At the 2011 Dubai Air Show, GE Aviation and CFM International, a 50/50 joint venture between GE and Snecma (SAFRAN group), announced engine and service orders valued at more than $13.8 ...

Qatar Airways says talks for Airbus order stalled

BusinessWeek - ‎Nov 16, 2011‎
Fast-expanding Gulf carrier Qatar Airways stunned the Dubai Airshow with an announcement on Tuesday that talks with Airbus over an expected major plane order have stalled. The government-backed carrier had been widely expected to place ...

Emirates Airlines has $4 billion reserves: chairman

Al-Arabiya - ‎Nov 16, 2011‎
By Al Arabiya Reserves of Emirates Airlines, Dubai's flagship carrier, are estimated at $4 billion in cash, its Chairman Sheikh Ahmed bin Saeed al-Maktoum told Al Arabiya TV on Wednesday. Saeed who said that his company is not interested in buying ...

Just keep building

The Economist (blog) - ‎Nov 16, 2011‎
THE big event at the start of this year's Dubai airshow was the signing ceremony (pictured) for the huge order that the country's national airline, Emirates, placed for up to 70 of Boeing's long-range 777 jets, worth a whopping $26 billion at list ...

Qatar, Airbus make up and sign $6 bln deal

Reuters - ‎Nov 16, 2011‎
A Qatar Airways Airbus A320 arrives at Entebbe International Airport, 46 km (29 miles) southwest of Uganda's capital Kampala, November 2, 2011. By Tim Hepher and Praveen Menon DUBAI (Reuters) - Qatar Airways placed a $6.5 billion order for Airbus jets ...

Shaikh Ahmed announces Dubai World Central as the new venue of the Dubai ...

gulfnews.com - ‎Nov 16, 2011‎
A desert area now but will soon be the next venue for the next Dubai Airshow at the Dubai World Central in Dubai, United Arab Emirates. Dubai: Shaikh Ahmed Bin Saeed Al Maktoum, Chairman, Dubai Aviation City Corporation, has announced on Wednesday, ...

Airbus Draws With Boeing at Dubai Show

Bloomberg - ‎Nov 16, 2011‎
Boeing left with an order from Emirates for 50 777-300ERs valued at $18 billion at list price and pulled in another for two 777 freighters from Qatar Airways Ltd. worth $560 million. ...

Emirates Airline has $4 bln in cash reserves -Sheikh Ahmed

Reuters - ‎Nov 16, 2011‎
DUBAI Nov 16 (Reuters) - Emirates, Dubai's flagship carrier, has $4 billion in cash reserves, its Chairman Sheikh Ahmed bin Saeed al-Maktoum told Al-Arabiya television on Wednesday. Emirates placed a blockbuster order for 50 Boeing 777 jetliners at the ...

Airbus Draws With Boeing at Dubai Show Dominated by 777

Washington Post - ‎Nov 16, 2011‎
Nov. 16 (Bloomberg) -- Airbus SAS and Boeing Co. finished the Dubai Air Show neck and neck on contracts, in an event dominated by an order from Emirates for 50 Boeing 777-300ERs. Bloomberg's Lara Setrakian reports from Dubai. ...

Dubai Airshow: Emirates eyes new global routes

BBC News - ‎Nov 16, 2011‎
By Jorn Madslien Business reporter, BBC News, Dubai Airshow Dressed in traditional, flowing national dress and commanding the attention of everyone in the lavish Royal Enclosure at the Dubai Airshow, HH Sheikh Ahmed Bin Saeed al-Maktoum is all smiles, ...

Emirates fleet to hit 250-plus by 2020 - paper

Reuters - ‎Nov 16, 2011‎
DUBAI Nov 16 (Reuters) - Emirates airline will boost its fleet size to more than 250 aircraft by 2020, as the fast-growing operator continues its aggressive expansion, its chairman told a newspaper on Wednesday. "We will be over 250 aircraft... maybe ...

Qatar Air Says 'Belt Up' as Middle East Carriers Pull in Orders

BusinessWeek - ‎Nov 15, 2011‎
Nov. 15 (Bloomberg) -- Qatar Airways Ltd. Chief Executive Officer Akbar Al Baker is giving the competition a word of caution from the airline's flight deck: “belt up.” The carrier and larger competitor Emirates ruled ...

AIR SHOW: Qatar Air Buys 2 Boeing 777 Freighters For $560M

Wall Street Journal (India) - ‎Nov 15, 2011‎
DUBAI (Zawya Dow Jones)--Qatar Airways has placed an order with Boeing Co. (BA) for two Boeing 777 freighter aircraft valued at $560 million, increasing the Gulf carrier's fleet of that plane to eight once delivered. ...

Qatar, Airbus make up and sign $6 billion deal

Reuters Canada - ‎Nov 15, 2011‎
DUBAI (Reuters) - Qatar Airways placed a $6.5 billion order for Airbus jets on Tuesday, just hours after saying at the Dubai Air Show it had walked away from the deal. A row over which airline would be first to get the ...

Qatar Airways gives Dubai Airshow another blockbuster order

USA Today (blog) - ‎Nov 15, 2011‎
Fast-growing Qatar Airways announced today that it would buy at least 55 Airbus jets, giving the Dubai Airshow its second whopper order since it kicked off Sunday. The other blockbuster order – for 50 Boeing 777 jets – also ...

AIRSHOW-WRAPUP 5-Qatar, Airbus make up and sign $6 bln deal

Reuters - ‎Nov 15, 2011‎
DUBAI, Nov 15 (Reuters) - Qatar Airways placed a $6.5 billion order for Airbus jets hours after walking away and telling the European giant to go back to basics in a day of high theatre at the Dubai Air Show. ...

Emirates places order for 50 Boeing 777-300 ERs

Pakistan Daily Times - ‎Nov 15, 2011‎
KARACHI: Emirates, one of the world's fastest growing airlines, Tuesday placed the order for 50 Boeing 777-3000 ERs. A statement of the airline on Tuesday said an agreement was inked during a ceremony at the Dubai Air Show. ...

Qatar Airways to buy 88 Airbus aircraft

Arab News - ‎Nov 15, 2011‎
Qatar Airways CEO Akbar Al-Baker and Airbus Chief Operating Officer (Customer) John Leahy shake hands after a new aircraft deal, with senior management from both companies looking on. By ARAB NEWS DUBAI: Qatar Airways on Tuesday announced a deal with ...

Qatar humiliates Airbus, then places $6.4bn order

Financial Times - ‎Nov 15, 2011‎
Airbus was subjected to public humiliation by one of its most important customers on Tuesday, when Qatar Airways accused the aircraft maker of “still learning how to make airplanes”. Akbar Al Baker, the outspoken chief ...

... all's well that ends well

Khaleej Times - ‎Nov 15, 2011‎
DUBAI - Airbus is still learning how to make airplanes, Qatar Airways CEO Akbar Al Baker remarked at a news conference in which he signed a freighter deal on Tuesday. He said he had planned to make a “very large” announcement with Airbus. ...
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