Al-Khereiji: Collective action in combating terrorism is a must for achieving stability and prosperity    SFDA Chief visits premier biotechnology and medical firms in China    Saudi Awwal Bank becomes the Kingdom's first bank obtaining ISO certification for quality management system in operations    2- month jail and SR40000 in fine for woman citizen convicted of commercial cover-up    10 cooperation agreements signed during Saudi-Turkish Business Forum in Istanbul    Saudi Arabia's non-oil revenues grow 6% in 9 months while Q3 budget posts SR30 billion deficit    Spanish flood rescuers focus search on underground car parks    Quincy Jones, titan of US music, dies aged 91    Slavery reparations not about transfer of cash, says UK's Lammy    Pro-EU leader claims Moldova victory despite alleged Russian meddling    Domestic violence should not be taboo subject, says Queen Camilla    Enhancing zakat, tax, and customs compliance takes center stage at the Zakat, Tax, and Customs Conference 2024    Neymar expected to join Al Hilal squad for AFC clash against Esteghlal, says coach Jesus    Al Qadsiah secure 2-0 victory over Al Ettifaq in first Eastern Derby since 2021    Riyad Mahrez admits he's no longer the dribbler he once was    Al-Ahli coach Jaissle understands fans' frustration, vows to improve team's performance    MBC Group announces sale of Istedamah's 54% stake to Public Investment Fund for SR7.4 billion    Hidden sugars in Asia's baby food spark concerns    HONOR unveils pre-order of the stunning HONOR MagicBook Art 14 Featuring an ultra-slim design, HONOR Eye Comfort Display and AI Cross-OS WorkStation    Teri Garr, Young Frankenstein and Tootsie star, dies at 79    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Gulf airlines set for bigorders at Dubai airshow
Published in The Saudi Gazette on 12 - 11 - 2011

Qatar Airways, Dubai's Emirates and Kuwaiti lessor Alafco could place hefty aircraft orders at the Dubai Airshow starting Sunday, industry sources said.
Qatar Airways is expected to place a $6.5-billion order for 50 fuel-saving A320neo jets and five A380s from Airbus, while Emirates is negotiating to place an order for at least 30 and possibly as many as 50 Boeing 777 long-range aircraft worth $8.5 billion to $14.5 billion, the sources said.
The sources stressed that the deals were still being finalized and there was no guarantee they would be completed in time for the show.
They said the final Emirates deal may also depend on the outcome of ongoing financing talks which have been complicated by the decision of several European banks to scale back their exposure to aircraft financing due to the euro zone debt crisis.
Boeing has taken orders for 132 of its 777s this year, and company executives, including the head of its Commercial Airplanes unit Jim Albaugh, have said the airline is on track to set a record number of 777 orders for one year.
Emirates is already a major customer for the 777 and is due to receive the 1,000th aircraft which Boeing began building this week. It has ordered a total of 89 777s since the aircraft was launched in the 1990s and has 41 aircraft on the Boeing order book waiting to be delivered.
The latest model of 777 has a list price of just under $300 million.
The order tally at the airshow is expected to include an enhanced deal by Alafco to buy A320neo aircraft, the sources added.
Airbus, Boeing and the gulf airlines declined to comment, while Alafco's chairman Ahmed al-Zabin reiterated that the company was in talks with Airbus to improve on its order for 30 A320neo planes placed at the Paris airshow earlier this year.
The airshow takes place against a backdrop of economic turmoil in Europe and doubts over global economic growth.
The industry is keen to demonstrate its resilience in the face of these headwinds and a stubbornly high oil price.
Saudi Arabian Airlines has a fleet of 149 planes, which includes 12 Boeing 777-300s that will be introduced by the end of the year.
Etihad Airways, Abu Dhabi's flagship airline, currently operates a fleet of 63 aircraft and announced the largest aircraft order in commercial aviation history at the Farnborough International Air Show in 2008, for up to 205 aircraft.
Over the next 10 years, Etihad plans to take delivery of 20 A320s between 2011 and 2015; 10 Airbus A380s from 2014; 25 A350s between 2017 and 2020; 31 Boeing 787s between 2014 and 2020; and 10 Boeing 777s between 2012 and 2013.


Clic here to read the story from its source.