Dubai airshow orders in excess of $100 billion
The Dubai Airshow 2007 closed yesterday with declared on-site orders exceeding Dh365 billion ($100 billion) — a phenomenal five-fold increase compared to the 2005 edition.
The on-site order sales tally at the previous show was $21.3 billion, which was the highest in the event's history.
The on-site order sales tally at the previous show was $21.3 billion, which was the highest in the event's history.
Some of the deals signed at the show:
Emirates Airline
From: Airbus
For: $34.9 billion (The largest-ever aircraft order in civil aviation and beating the total for the whole of 2005 event by US $13.6 billion)
Of: 120 A350s, 11 A380s, 12 Boeing 777-300E (total order includes 93 aircraft on firm order and 50 on option. The first A350 will be delivered 2014)
DAE Capital (off-shoot of DAE)
From: Airbus
For: $13.5 billion dollars
Of: 70 Airbus A320 and 30 A350 planes
Qatar Airways
From: Boeing
For: $6.1 billion
Of: 30 787 Dreamliners and five 777 Freighters (will be first Middle East Airline to operate both the 777 and 787)
Air Arabia
From: Airbus
For: $3.5 billion
Of: 50 Airbus A320 planes
Dubai Aerospace Enterprise (DAE)
From: GE Commercial Aviation Services
For: $1billion acquisition
Of: 20-aircraft deal, Boeing 737 next generation series and Airbus A320 series
LCAL
From: Boeing
For: $972 million
Of: 6 787-8 Dreamliners
Dubai Aerospace Enterprise (DAE)
From: Emirates Airline in a split purchase and leaseback deal that marked
For: $500 million
Of: 8 Airbus wide body Airbus A330-200s
NAS
From: Embraer
For: $348 million
Of: 5 Embraer 190 jets
Al Jaber Group
From: Embraer
For: $300 million (Single largest order for Embraer from the region)
Of: 5 Lineage 1000 and 2 Legacy 600
Al Jaber Aviation
Airbus
No exact figure BUT catalog prices of the two A318s would together be worth more than $110 million. The A380 sells for about $320 million apiece. 2 A318 Elite corporate jets, 2 A380 superjumbos
Wallan Aviation (KSA)
Cessna
Over $110 million
11 Citation business jets and 14 single engine aircraft
Wallan Aviation (KSA)
From: Smart Aviation (Egypt)
For: $80 million
Of: 5 Citation Sovereign aircraft
Cessna
Over $110 million
11 Citation business jets and 14 single engine aircraft
Wallan Aviation (KSA)
From: Smart Aviation (Egypt)
For: $80 million
Of: 5 Citation Sovereign aircraft
Yemenia
From: Airbus
Of: 10 Airbus A350 XWBs
Yesterday, as the curtain came down on what is described as the bumper 10th edition of the world's third largest airshow, European aircraft-maker Airbus emerged as a clear winner, outpacing its transatlantic rival Boeing by a huge margin by snapping up 292 aircraft orders.
As a parting shot, Emirates airline, which along with Dubai Aerospace Enterprise accounted for bulk of the orders at the show, placed one of the world's largest ever orders valued at $8.8 million for a Cabin Service Trainer installation. The Dubai-based airline, which has gone into the record books by placing the largest single-day aircraft orders valued at $35 billion, ordered 120 Airbus A350s, 11 A380s and 12 Boeing 777-300ERs on the opening day. The following days witnessed two landmark deals valued at more than $27 billion placed by DAE Capital, the aircraft leasing subsidiary of Dubai Aerospace Enterprise, for 100 Boeing and 100 Airbus aircraft.
Other Gulf carriers that have placed orders at the show include Qatar Airways, Saudi Arabian Airlines and Air Arabia. While Qatar Airways confirmed $13.5 billion order for 30 Boeing 787s and 27 777s UAE's low-cost carrier Air Arabia said it was trebling its fleet size with the purchase of 50 Airbus A320 planes valued at Dh12.8 billion ($3.5 billion). Other deals comprised a firm contract for ten Airbus A350 XWBs from Yemenia, the official carrier of Yemen, a $500 million MRO contract by Abu Dhabi’s Etihad Airways to Abu Dhabi Aircraft Technologies and an order for five A330s from Oman Air.
Saudi Arabian Airlines signed a letter of intent to buy 22 A320s, valued at around $1.6 billion at list prices, while Egypt's private company Nile Air signed another for nine A320s at just below $1 billion at catalogue prices.
By the close of the final day of Dubai 2007, the total value of firm orders and letters of intent received by Airbus was $43.1 billion in comparison with Boeing's 55 firm orders valued at $10.6 billion and a letter of intent from DAE Capital to buy 100 aircraft valued at $13.7 billion, including 70 medium-haul 737s, taking Boeing's orders to $24.3 billion.
Organisers of the show claimed that the record $100 billion orders, achieved across a vast array of aerospace products, was highest ever for any global aviation event.
As the show closed, key industry players rushed to ensure that they were secure for the 2009 event with many increasing the size of their stands and chalets.
Over 5,000 square metres of floor space has been contracted by more than 20 companies from throughout North America and the Middle East," explained Alison Weller, Director Aerospace, Fairs & Exhibitions (F&E), which organises the show in conjunction with Dubai's Civil Aviation Authority and in collaboration with the UAE Armed Forces.
Leading the early day booking surge was Abu Dhabi's Mubadala Development Company (Mubadala), which has reserved more than 800 square metres of exhibition space and a 500 square metre chalet area for Dubai 2009, which will run at a new purpose-built facility at Dubai World Central, the huge urban aviation community being built in Jebel Ali, 30 kilometres north of Dubai city centre.
"Dubai Airshow 2007 was Mubadala's international aerospace exhibition debut but the company will now become a familiar name at all the major aviation forums worldwide where we will demonstrate our broad spectrum of capabilities and world-class partnerships," said Homaid Al Shemmari, Director, Aerospace & Technology Unit, Mubadala.
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