Boeing 777X a big seller at Dubai Airshow
DUBAI, UNITED ARAB EMIRATES | Boeing Co.’s planned 777X long-haul airliner grabbed the bulk of orders Sunday on the first day of the Dubai Airshow, with at least 225 planes on the books in an eye-popping display of the spending power and aggressive expansion efforts of Gulf carriers.
In total, Boeing says that it netted at least 367 orders in deals believed to exceed $130 billion at the Middle East’s premier aviation fair. 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.
European rival Airbus opened the five-day airshow by announcing a $23 billion order for 50 A380s by Dubaibased Emirates.