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November 27, 2013
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Despite shortened show, Dubai deals hit record $200B
Aircraft manufacturers left the Dubai Airshow with a record $200 billion in orders, despite a rainstorm that caused the show in the United Arab Emirates to end one day ahead of schedule. "This is the land of possibilities," said aerospace analyst Richard Aboulafia. "Everywhere else seems stagnant, relying on derivatives and cost-cutting measures." Boeing launched its 777X aircraft at the show with a $100 billion order, while Airbus secured the first order this year for its A380 superjumbo jet.  Read more here.

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  • Dubai Airshow displays how gulf region is global aviation player
    The Dubai Airshow's organizers touted how record orders there demonstrated the crucial role the region is now playing. "We are in the center of a region with the world's fastest-growing aviation infrastructure, fastest-growing airlines and a region where security commitments are in focus," Sharief Fahmy, chief executive of F&E Aerospace, the air show's organizer, said in a statement. USA Today (11/19) LinkedInFacebookTwitterEmail this Story
  • Iraqi Airways to buy 5 CSeries from Bombardier
    In a deal valued at $387 million, Iraqi Airways has agreed to buy five CS300 planes from Canada's Bombardier, along with an option to buy another 11 of the planes, which would raise the deal's value to more than $1 billion. "Over the last few years, Iraqi Airways has successfully utilized its [Bombardier] CRJ900 NextGen aircraft to open routes and expand into new markets, and today we are pleased to be taking the next step," said Capt. Saad Al-Khafaji, Iraqi Airways CEO. Financial Post (Canada) (11/19) LinkedInFacebookTwitterEmail this Story
  • Qatar joins with Emirates on big Boeing 777 order
    At the Dubai Air Show, rival airlines Qatar Airways and Emirates announced a joint deal to purchase up to 250 Boeing 777 planes, a partnership designed to maximize the airlines' buying power. "We're buying airplanes, we're not going to the supermarket, so we're not going to do this every time," Qatar CEO Akbar Al Baker said. "But when we do a similar program in the future then yes, I hope that we will be able to do it together." Bloomberg Businessweek (11/19) LinkedInFacebookTwitterEmail this Story
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Aerospace Features 
  • Pratt & Whitney: Market hungry for F-35
    A number of buyers are interested in the F-35 joint strike fighter jet, says Pratt & Whitney, which produces the plane's engines, and the company says it's ready to work with Lockheed Martin if deals are made. A Pratt official made the remarks during the Dubai Airshow and said Gulf region customers interested in the F-35 would need to first be approved by the U.S. government, a process that could take several years. Chicago Tribune (tiered subscription model)/Reuters (11/18) LinkedInFacebookTwitterEmail this Story
  • AAR announces defense contracts at Dubai Airshow
    AAR has received a contract from the Defense Logistics Agency to supply the U.S. military and federal agencies with specialized shipping containers, shelters and accessories. Also, the U.S. Transportation Command has renewed its contract with AAR to provide airlift services in Afghanistan, which is valued at $156 million. AAR announced the contracts at the Dubai Airshow. AIN Online (11/19) LinkedInFacebookTwitterEmail this Story
  • British, French military leaders tout products in Dubai
    British and French military leaders gave plugs for defense products made in their home countries during the opening conference for the Dubai Airshow, where the theme was international cooperation in military matters. Unlike their foreign counterparts, U.S. military chiefs in their talks didn't tout specific manufacturers, focusing instead on the ways in which different branches of the U.S. military work interdependently. The Wall Street Journal (tiered subscription model) (11/16) LinkedInFacebookTwitterEmail this Story
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