Emi­rates un­veils Boe­ing buy at show

$15.1B deal made for jumbo 787s, planes touted by Trump.

Austin American-Statesman - - MORE OF TODAY’S TOP NEWS - By Jon Gambrell and Aya Batrawy

DUBAI, UNITED ARAB EMIR

Long-haul car­rier ATES — Emi­rates pur­chased 40 Amer­i­can-made Boe­ing 787-10 Dream­lin­ers on Sun­day at the start of the bi­en­nial Dubai Air Show, a $15.1 bil­lion deal cer­tain to please U.S. Pres- ident Don­ald Trump, who has touted the plane’s sales as a job cre­ator in Amer­ica.

The deal ap­peared to sur­prise Boe­ing’s archri­val Air­bus, whose staff had at­tended a long-de­layed news con­fer­ence and left the room just mo­ments be­fore the an­nounce­ment.

Air­bus has pinned hopes of con­tin­u­ing pro­duc­tion of its dou­ble-decker jumbo jet on Emi­rates, the world’s largest op­er­a­tor of the air- craft, which took de­liv­ery of its 100th A380 ear­lier this month. Re­ports cir­cu­lated be­fore the air show that a ma­jor A380 sale was com­ing.

But in­stead, Emi­rates CEO and Chair­man Sheikh Ahmed bin Saeed Al Mak­toum ex­plained how the air- line con­sid­ered the Air­bus A350 and de­cided to pick the Boe­ing 787-10.

“We were com­par­ing the two ap­ples,” he said, but found that the Boe­ing 787 is “the best op­tion” for Emir- ates “given its main­te­nance and so on.”

It’s the sec­ond time Air­bus has lost out on sell­ing the A350 to Emi­rates. In June 2014, the state-owned Emir- ates can­celled an or­der for 70 A350s af­ter a “fleet re­quire­ment” re­view.

The Boe­ing 787-10 typi- cally lists for $312.8 mil­lion. De­liv­ery will be­gin in 2022.

Chicago-based Boe­ing Co. al­ready has 171 787-10s on or­der. Among those wait- ing for the air­craft are Abu Dhabi-based Eti­had.

The twin-en­gine 787-10, how­ever, has been a fo­cus of Trump since he came into of­fice. In Fe­bru­ary, he vis­ited the Boe­ing plant in North Charleston, South Car- olina, which man­u­fac­tures the car­bon-fiber, 330-seat plane Trump de­scribed as “an amaz­ing piece of art.”

“As your pres­i­dent I’m go­ing to do every­thing I can to un­leash the power of the Amer­i­can spirit and to put our great peo­ple back to work,” Trump said. “This is our mantra: Buy Amer­i­can and hire Amer­i­can.”

Sheikh Ahmed made a point to say the deal will help cre­ate more jobs, echo­ing Trump’s mantra. The deal was signed in the pres­ence of Dubai’s ruler, Sheikh Mo­hammed bin Rashid Al Mak­toum, who also serves as the United Arab Emi­rates’ prime min­is­ter and vice pres­i­dent.

“The or­der will take Emi­rates’ to­tal (num­ber of ) wide­body air­craft of the Boe­ing to 204 air­crafts, units worth over $90 bil­lion,” Sheikh Ahmed said.

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