The Gulf Today - Business - - FRONT PAGE -

DUBAI: Emi­rates Air­line, the in­ter­na­tional car­rier of the United Arab Emi­rates (UAE), or­dered on Sun­day 40 air­craft of Boe­ing’s 78710 Dream­liner worth $15.1 bil­lion, mark­ing the first ma­jor or­der at the Dubai Air­show 2017.

The deal was signed by Sheikh Ahmed Bin Saeed Al-mak­toum, chair­man and CEO of the Dubai gov­ern­ment-con­trolled car­rier Emi­rates, and Kevin Mcal­lis­ter, CEO of Boe­ing Com­mer­cial Air­planes, in the pres­ence of UAE Vice Pres­i­dent, Prime Min­is­ter and Ruler of Dubai Sheikh Mo­hamed Bin Rashid Al-mak­toum on day one of the 15th edi­tion of the bi­en­nial air­show.

Sheikh Ahmed said the or­der marks the car­rier’s fleet up to the high­est stan­dard and com­fort for the pas­sen­gers, as the 787-10 Dream­liner is Boe­ing’s lat­est ver­sion of the wide-body air­craft. De­liv­ery will start from 2022 on­ward, he added.

“We see the 787-10 mid-size, wide-body air­craft as a great com­ple­ment to our Boe­ing 777 fleet,” said Sheihk Ahmed. Boe­ing’s Mcal­lis­ter con­grat­u­lated and thanked Sheikh Ahmed for the on­go­ing part­ner­ship.

Ear­lier in the month, the In­ter­na­tional Air Trans­port As­so­ci­a­tion (IATA) said Mid­dle East car­ri­ers wit­nessed a 3.7 per cent year-on-year rise in pas­sen­ger de­mand in Septem­ber, mark­ing the slow­est rate of in­crease since Fe­bru­ary 2009 as the Mid­dle East-us mar­ket had been hit hard by the now lifted cabin ban on large por­ta­ble elec­tronic de­vices. Glob­ally, pas­sen­ger de­mand rose 5.7 per cent in Septem­ber, said IATA.

How­ever, Emi­rates said ear­lier last week it posted in the first six months of its fis­cal year 2017/18 a profit of 452 mil­lion dol­lars, up 111 per cent year on year. The Dubai gov­ern­ment-con­trolled air­line at­trib­uted the in­crease to the eas­ing of the strong dol­lar and en­hance­ment of ef­fi­ciency.

The five-day Dubai Air­show runs through Thurs­day, Nov.16.

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