Dubai Airshow opens as big Gulf airlines slow down purchases - News Summed Up

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Dubai Airshow opens as big Gulf airlines slow down purchases


DUBAI, United Arab Emirates - The Middle East’s biggest aviation event, the Dubai Airshow, opened Sunday without any major deals as flagship Gulf carriers rein back big-ticket purchases. In the only major announcement of the day, Boeing and Biman Bangladesh Airlines signed a deal for two 787-9s aircraft, which list at $292.5 million apiece. At the last Dubai Airshow in 2017, the airlines announced a purchase of 40 American-made Boeing 787-10 Dreamliners in a deal worth $15.1 billion. Analyst Charles Forrester said airlines around the world are looking more at smaller aircraft that can make more frequent journeys at lower costs. Meanwhile, Chicago-based Boeing has used the airshow to emphasize its dedication to safety after crashes of its 737 Max killed 346 people.


Source: thestar November 17, 2019 10:19 UTC



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