Etihad, Emirates Airlines kick off buying spree at Dubai Airshow

Emirates Airlines topped Etihad’s orders shortly after the latter started the splurge

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Dubai’s Emirates Airlines ordered 50 Airbus A380 superjumbos for $23 billion and 150 Boeing 777X planes worth $76bn at the Dubai Airshow, Reuters reported on Sunday.

Low-cost carrier flydubai followed with an order of 111 Boeing airplanes worth $11bn, reported Al Arabiya TV channel.

Qatar Airways placed a firm order for five new Airbus A330-200 freighter aircraft with options for an additional eight aircraft in a deal valued at $2.8bn, to replace the carrier's ageing mid-size aircraft, Airbus said in a statement, reported Reuters.

The Gulf carrier earlier announced an order for 50 Boeing 777X jets.

Abu Dhabi’s Etihad Airways had kicked off the buyinig spree by placed aircraft orders worth $25.2bn at list price for 56 Boeing airplanes.

In total, Boeing said that it netted at least 367 orders in deals believed to exceed $130 billion at the Middle East’s premier aviation fair, according to Agence France-Presse.

Boeing CEO James McNerney Jr. called it part of the “largest commercial launch in aviation history” for a planned aircraft: the bigger and more fuel-efficient model of the company’s popular 777 wide-body, AFP reported.

Etihad’s order includes 25 of Boeing’s revamped mini jumbo jets, 777X airplanes and 30 787 Dreamliner planes, the carrier said at a press conference, adding it had options and purchase rights for 26 additional airplanes.

Dubai’s flagship carrier was expected to buy more Airbus A380 superjumbos at the Dubai Airshow. “We will order A380s,” Sheikh Ahmed bin Saeed al-Maktoum, the chairman of Emirates, told Reuters before the airline placed any orders.

He added that the carrier’s order value at the show will exceed its order of $18bn at the last airshow in 2011.

“We [Emirates] will exceed last year’s orders,” the chairman said.

(With Agencies)

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