Monday, July 19, 2010

DTN News: Emirates To Place $5 Billion Boeing Order

Defense News: DTN News: Emirates To Place $5 Billion Boeing Order
Source: DTN News / Reuters
(NSI News Source Info) FARNBOROUGH, England - July 18, 2010: Emirates airline is set to place a $5 billion order for 20 Boeing (BA.N) 777 wide-body jets, aviation sources said on Saturday.The order could be a key feature of the opening day of the July 19-25 Farnborough air show on Monday, when the Dubai-based airline is expecteded to hold a news conference.
Boeing declined to comment.
An order for 20 of the latest model of 777s, which seats 365 passengers, would be worth $5.4 billion at list prices.
Emirates, the largest airline in the Arab world, placed an order for 32 Airbus (EAD.PA) A380s at the Berlin air show last month and said it was likely to order more aircraft soon.
(Reporting by Tim Hepher, Editing by Andrea Shalal-Esa)
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