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Old May 31st, 2007, 01:48 AM   #181
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Damn, do that many people fly between South Africa and the UAE? It looks like something is going on halfway around the world that most of us in here in...well Texas aren't aware about.
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Old June 14th, 2007, 08:58 PM   #182
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Emirates in multi-million dollar interior refit

Emirates in multi-million dollar interior refit

Excerpt:
...The refurbishment will see Emirates introduce new versions of its private suites in first class, lie-flat massage seats in business class, and extra legroom for passengers in economy...
Link
http://www.arabianbusiness.com/index...ticle&id=14396
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Old June 17th, 2007, 11:11 PM   #183
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Quote:
Originally Posted by FM 2258 View Post


Damn, do that many people fly between South Africa and the UAE? It looks like something is going on halfway around the world that most of us in here in...well Texas aren't aware about.
There are thousands and thousands of South Africans living in Dubai alone, plus you have to consider that Emirates uses DXB as a transit hub so the majority of the passangers passing through it are actually just transitting.

Same story with the recent introduced flight to Venice in Italy. The traffic between the residents of the two cities would never justify that route, but considering the connections of Emirates to Asia, especially Far East, things start making more sense.
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Old July 2nd, 2007, 09:39 PM   #184
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No one got any news about Jazeera Airways ordering 30 or so aircraft ?
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Old July 4th, 2007, 03:55 AM   #185
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Quote:
Originally Posted by redherring View Post
No one got any news about Jazeera Airways ordering 30 or so aircraft ?
Jazeera Airways orders 30 Airbus A320 aircraft
18/6/2007
[IMG]http://i8.************/63akk1j.gif[/IMG]

Kuwait and Dubai based Jazeera Airways, the first private airline in the Middle East has signed a firm contract for the purchase of 30 Airbus A320 aircraft. The agreement quadruples the number of aircraft Jazeera Airways have ordered from Airbus from 10 to 40 A320s. The agreement was signed at a ceremony at the 47th International Paris Air show at Le Bourget between Jazeera Airways’ Chairman and CEO Marwan Boodai, and Airbus President and CEO Louis Gallois with the presence of John Leahy Chief Operating Officer, Customers.

“We have very ambitious growth plans at Jazeera Airways and Airbus has been a good partner for us all the way. We started operating in October 2005 with our first A320 aircraft and now we operate five. The A320 is proving to be an exceptional aircraft for us and for our growth plans,” said Marwan Boodai, Chairman and CEO, Jazeera Airways.

Jazeera Airways, a Kuwait Public Shareholding Company established in 2004, placed its first order for 10 Airbus A320 aircraft shortly after it completed its IPO in June 2004.

“Jazeera Airways have grown successfully in a short period of time and we are delighted that they chose our aircraft to help them achieve this level of success. I congratulate Jazeera Airways for their achievements and thank them for the confidence they are continuing to show in our A320 Family of aircraft”, said Mr. Leahy.

Advanced fuel-saving aerodynamic design, including wingtip fences and an all new lighter cabin help reduce fuel burn further, make the A320 Family the most environmentally friendly single aisle aircraft in operation. Centralised maintenance with extended servicing intervals and proven reliability in day-to-day service help to give it the lowest operative costs.

The A320 Family, which also includes A318, the A319 and the A321, is recognised as the benchmark in the single-aisle aircraft market. So far over 5,070 A320 Family aircraft have been ordered, making the aircraft the fastest selling commercial jetliner ever.

Source
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Old July 4th, 2007, 09:06 PM   #186
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Thanks, Skoulikimou
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Old July 7th, 2007, 01:12 AM   #187
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A Flight Plan for the Long Haul


Sheik Ahmed bin Saeed al-Maktoum, left, the chairman of Emirates, and Louis Gallois, the president of Airbus. The airline is the largest buyer of the A380 superjumbo jet, with 55 on order.

By LESLIE WAYNE
Published: July 6, 2007

PARIS —The chairman of Emirates airline —Sheik Ahmed bin Saeed al-Maktoum of the ruling family of Dubai — has grand ambitions and a bankroll to match.

He has a huge pot of money to spend: $82 billion from his government, the airline and other financiers. He loves large planes, and he has ordered 55 superjumbo A380s, to create the biggest fleet of these double-decker planes in the world. And he wants to make Dubai, a sheikdom by the sea, the busiest airline hub in the world, overtaking London, New York and Singapore.

It would be easy to dismiss such spending as a rich man’s folly, but Sheik Ahmed, so far, has delivered on his word.

He built Emirates from a two-plane operation, starting with $10 million in 1985, into the world’s eighth-largest international carrier, with 105 planes, all wide-bodies. Emirates is the world’s fastest-growing airline — it will take delivery of one new Boeing or Airbus plane a month for the next five years — and is one of the few to be consistently profitable, with ambitions to become larger still.

“We’ve never seen anything like it before,” said Robert Cullemore, a consultant at Aviation Economics, an advisory firm in London. “We’ve never seen growth at this rate.”

Of course, success for Sheik Ahmed is not just a matter of buying airplanes. He must compete with well-established carriers plying many of the same routes as Emirates, attract enough passengers to fill his vast fleet profitably and hope that the economies of the Middle East, including Dubai, and the emerging markets in Asia and the Indian subcontinent continue to grow at their fast pace.

But at the recent Paris air show, Sheik Ahmed seemed unfazed by those concerns. He met with the Airbus chief executive, Louis Gallois, and added eight more A380s, with a list price of $2.6 billion, to his fleet. He held a news conference to publicize Dubai’s plan to spend $82 billion on aviation, including building a new $33 billion Dubai World Central International Airport that will have six runways and, at twice the size of Hong Kong island, will become the world’s largest airport complex.

“What we are witnessing today,” Sheik Ahmed said at the time, “is the rewriting of the world’s aviation history and the beginning of a new era of global aviation.”

Being oil rich helps. Emirates airline, said Howard A. Rubel, an aerospace analyst at Jefferies & Company, “has got cash, clout and cachet.”

“What’s surprising is the rapid emergence of the Emirates as a player,” Mr. Rubel said. “The economies of the Middle East are the fastest growing in the world. So what do they do? They buy planes. But five years ago it was like, ‘Who are these guys?’ ”

Aviation has helped transform Dubai, a desert trading post with hardly a paved road just 50 years ago, from being fly-over country to a place where people are flying in — some 25.6 million passengers landed there last year.

The plan for modern Dubai was created by Sheik Ahmed’s late older brother and is now overseen by the current ruler, Sheik Ahmed’s nephew, Sheik Mohammed bin Rashid al-Maktoum.

Oil revenues have been declining as a percentage of Dubai’s economy as the emirate prepares for the day that its reserves dwindle. Oil represents only 5 percent of Dubai’s economy, which increasingly relies on revenue from superluxurious hotels, a growing financial center and serving as the regional headquarters for global brands.

For instance, Halliburton, the oil services company, is moving its headquarters from Houston to Dubai, and companies like Universal Studios, Nickelodeon, Microsoft and Cisco are also setting up offices. This prompted Emirates to offer flights from Dubai to Houston; it already has daily flights from New York.

Dubai is on a $365 billion building spree — and development means more flights. Construction includes the Burj Dubai, which will be the world’s tallest building, and the Mall of Arabia, the world’s largest shopping mall at twice the size of the Mall of America. Dubai has one of the biggest indoor ski slopes, in a 25-story building in the desert.

Also under construction is Dubailand — a leisure park larger than Monaco — and the Dubai Waterfront, a complex of condos and stores that will be the size of Barbados.

In an interview at the Bristol Hotel here, Sheik Ahmed, 49, said the airline’s growth matched the frenzied development in the 1,500-square-mile emirate.

“When we started talking about expanding our airline,” he said, “people thought we were bluffing or that it would take 20 to 30 years.”

“But we’ve proven them wrong,” he added, while puffing on an ever-present cigarette.

Emirates accounts for about a third of all of Airbus’s orders for the A380. The next closest is Qantas, with 20. This fall, Emirates will order 100 midsize planes, either the Boeing 787 Dreamliner or the Airbus 350 XWB, in one of aviation’s most closely watched contests. It also has 47 Boeing 777 long-haul jets.

For 19 of the airline’s 20 years, it has been profitable, according to the airline as well as industry analysts. Although government owned, it receives no state subsidies, according to Sheik Ahmed.

The airline’s profitability is aided by the fact that there are no taxes in Dubai and that the airline has a low cost structure and is not saddled with pension costs, the burden of short-haul routes or the debt structure of older carriers in the United States and Europe.

It also operates out of an airport that is open 24 hours a day. For several years now, Emirates’ financial results have been independently audited. The airline earned $844 million on revenue of $8.1 billion for the fiscal year ended in March.

Moreover, since the ruling family is also the government, there is a minimum of red tape, and decisions can be carried out quickly. Sheik Ahmed noted that if there were not enough customs agents to process passengers, he could just get more.

The airline also benefits from an enviable location. It bases its strategy on the ability of its planes to reach any point in the world nonstop from Dubai, and it can connect any two cities with just one stop in the Middle East. Its hub is the biggest in the region.

“Sheik Ahmed is making a huge bet, and we’ll see how it works out,” said Edmund S. Greenslet, publisher of The Airline Monitor, a trade publication. “We won’t know for another decade. His concept is to make Dubai the hub for travel between Asia and the West. But new planes are being designed to go from city to city nonstop and to make that paradigm obsolete. He’s making a huge bet on a system that may not be as valid in the future as in the past.”

Mr. Cullemore of Aviation Economics disagrees, saying Emirates’ strategy is likely to pay off because there will be a need for another big hub to connect traffic between cities in Europe, Asia and Africa.

“Look at the geography,” Mr. Cullemore said. “It’s easy to have a knee-jerk reaction and be critical. But you’ve got capital cities in Africa and other cities in Europe that want to be connected to China, Southeast Asia and Japan.”

The Emirates is a prime customer for both Boeing and Airbus, not only for the size of its orders but also because it buys high-margin interiors that please passengers and are extremely profitable for aircraft makers. Its first-class seats feature flat beds with built-in massage and personal mini-bars. Its in-flight entertainment includes 600 channels, e-mail connections and seat-to-seat telephones for in-flight chats.

“One of the issues becoming obvious in the aviation industry is that it is not about the United States anymore,” said Jon B. Kutler, head of Admiralty Partners, an aerospace private equity firm in Los Angeles. “It’s an extraordinary shift in power. Airlines like the Emirates are pushing for the latest and greatest. They are making an obvious distinction with American carriers that are nickle-and-diming the passengers.”

When asked whether Emirates can deliver on its promises, Mr. Kutler said: “Sheik Ahmed has executed well to date. I’ll give him the benefit of the doubt. ”

Sheik Ahmed, who was born in a traditional Arab fort and was educated in England and the United States, takes a long view of aviation, believing that the market will grow.

“We are thinking always in a positive way,” he said. “We believe in the future. You talk to someone six to seven years back, and they said that if fuel reached $60 to $70 a barrel, no one would be flying.

“But now we are seeing prices at up to $75 and $77 a barrel, and we don’t see any kind of a decline in passengers who are flying,” he said. “The demand is there and will continue to be there.”

Sheik Ahmed said that he bet heavily on the A380 because as airports become more congested and landing slots are harder to come by, bigger planes like the A380 will allow long-haul carriers to keep up with demand by carrying more passengers on fewer planes.

[Dubai’s ruling family further cemented its ties to Airbus with the announcement Thursday that it was investing $836 million to take a 3.12 percent stake in EADS, the parent of Airbus.]

He is also keenly aware that Emirates has helped keep the A380 program viable.

“If it weren’t for Emirates,” Sheik Ahmed said, “they would have a serious problem with that aircraft.”
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Old July 10th, 2007, 03:25 AM   #188
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DUBAI: The US aircraft manufacturer Boeing announced on Monday that Qatar Airways, which operates an all-Airbus fleet, has placed an order for its new long-haul 787 Dreamliner aircraft.

“I can confirm that Qatar Airways is a customer of the 787 Dreamliner,” Sami Lahoud, Boeing’s Communications Director for the Middle East and Africa, said. But he refrained from disclosing the details of the deal, saying “I cannot comment on their order.”

Sources in the aviation industry said that the order amounts to 30 jets. They referred to an order of the same number which is listed on Boeing’s website for an unidentified customer, and dated April 5.

Qatar Airways, a fast growing Middle East carrier, had announced at the Paris Air Show in June an order for three Airbus A380 superjumbo airliners and confirmed an order for 80 mid-sized A350 aircraft. On Sunday, Boeing unveiled its new passenger jet, the 787 Dreamliner, which boasts a series of fuel-efficient design features that have sparked huge demand.
http://www.thenews.com.pk/daily_detail.asp?id=63797
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Old July 12th, 2007, 10:34 AM   #189
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Parliament postpones decision on Kuwait Airways sale

KUWAIT, July 11 (Reuters) - Kuwait's parliament on Wednesday blocked plans by the government to quickly sell an 80 percent stake in loss-making national carrier Kuwait Airways (KAC) [KA.UL].

Deputies decided to postpone a decision on the government's plans to privatise the state firm until after the summer break, saying they needed time to study the issue.

Finance Minister Badr al-Humaidhi said parliament's decision would delay KAC's plans to modernise its ageing fleet.

"Of course there is no doubt that parliament's decision will delay operations to modernise the firm's fleet. We hope that the law will be approved after the summer break," he told reporters, adding that he had hoped for approval on Wednesday.

The government said on Tuesday it wanted to sell 40 percent of KAC in an initial public offering and another 40 percent in an auction for firms listed on the Kuwaiti stock market. The Gulf Arab state wants to keep a 20 percent stake in the carrier.

KAC management has been keen to privatise the company to make it more competitive but many parliamentarians have rejected such as moves, saying this would endanger jobs for Kuwaitis.

KAC, which has been posting losses for years, last month placed an order with local firm Aviation Lease and Finance Co. (ALAFCO) to supply it with 19 Airbus and Boeing planes. The deal is still pending cabinet approval.
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Old November 10th, 2007, 07:21 PM   #190
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Boeing eyes Mideast sales of 150 jets in 2007

DUBAI, Nov 10, 2007 (AFP) - US giant Boeing said Saturday it was hoping to bag orders for up to 150 new aircraft from the Middle East region by the end of 2007.

"We will try to finish the year with 150 (aircraft) orders from the region," Boeing's Middle East chief of commercial airplane sales Lee Monson told reporters here on the eve of the Dubai Air Show.

Monson refrained from disclosing details of orders or clients saying that the five-day exhibition -- the world's third largest air show -- will see major announcements.

He said an announcement for one big order for the Boeing 787 Dreamliner will take place during the week, without giving further details.

Only a single order for 22 aircraft placed by Kuwait's leasing company ALAFCO appears on Boeing's order book from the region for 2007.

Boeing and its European arch rival Airbus are set to go head-to-head in a bruising battle to win new business at the Dubai Air Show, setting their sights on the booming Gulf airline sector.

Dubai-based Emirates could announce plans to buy 100 long-haul carriers, choosing between Boeing's 787 Dreamliner and Airbus's A350 XWB.
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Old November 12th, 2007, 06:14 AM   #191
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Saudi carrier to buy Airbus A320s

RIYADH, Nov 11, 2007 (AFP) - State-owned Saudi Arabian Airlines has decided to buy an unspecified number of Airbus A320s as part of a plan to modernise its fleet, the official SPA news agency reported on Sunday.

The announcement came on a day when Airbus walked away with the lion's share of deals announced at the opening of the Dubai air show in the neighbouring United Arab Emirate.

The decision to purchase A320s was taken during a meeting of the Saudi company's board chaired by the country's Crown Prince and Defence Minister Sultan bin Abdul Aziz.

The meeting approved a plan to upgrade the airline's fleet, starting with the purchase of a number of A320s from European manufacturer Airbus and the leasing of more of the short-haul planes, SPA said.

The report did not say how many A320s Saudi Arabian Airlines planned to buy to modernise its fleet, which currently has 137 aircraft.

It said the carrier would continue to work on the second phase of the plan under which it will buy long-haul planes.

Saudi Arabian Airlines was established in 1945. A royal decree ended its decades-long monopoly on domestic flights in 2003 as part of a gradual privatisation of the air transport sector in the oil-rich kingdom.

At the air show on Sunday, Airbus overshadowed US rival Boeing, winning an order from Dubai-owned Emirates topping 20 billion dollars for 70 midsized A350 XWB (Extra Wide Body) aircraft and 11 A380 superjumbos.

Airbus also announced a two-billion-dollar order from Saudi business carrier NAS for 20 A320s, as well as an option to buy 18 more.
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Old November 12th, 2007, 07:49 AM   #192
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I was hoping to see 737-800's to replace the MD-90's but if I'm not mistaken, don't A320's and MD-90's share the same engines? I want to fly on a Saudi Arabian MD-90 before the leave the fleet.
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Old November 13th, 2007, 02:16 PM   #193
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Yemenia, Oman Air sign firm orders with Airbus for new aircraft
13 November 2007

DUBAI, United Arab Emirates (AP) - Airbus on Tuesday said it received orders for 15 new aircraft from two national Arab airliners and a smaller order from a private Emriates-based company.

Yemenia, the official carrier for Yemen, signed a firm contract for ten Airbus A350 as part of the airline's plans to modernize its long haul fleet, Airbus said in a statement.

Oman Air also signed a firm contract with Airbus for five new A330 planes -- three A330-300s and two A330-200s, Airbus said.

The deals were announced at the Dubai International Airshow, and Airbus did not provide the prices for the orders.

Al Jaber Aviation -- an Emirates-based private high-end airline company -- also placed a firm order for two Airbus A318 Elites and signed a letter of intent for two superjumbo A380s, said Airbus, which owned by owned by European Aeronautic Defense & Space Company.

Pakistan's Air Blue, meanwhile, said it signed a firm order for eight Airbus A320 aircraft in at deal with US$520 million at catalog prices, Dow Jones Newswires reported.

"We're looking at expanding our destinations to Abu Dhabi, Kuwait, Bangkok, Malaysia and Singapore over the next three years," Shahid Abbasi, Air Blue's chief operating officer, said at the signing ceremony at the Dubai airshow.

Dubai Aerospace Enterprise also said Tuesday it acquired eight Airbus aircraft from Emirates Airline for US$500 million (euro342.96 million) to start its aircraft leasing business, Dow Jones reported.

DAE Capital bought eight Airbus A330-200s in a "split purchase and leaseback deal," the company said in a statement.

The Dubai Airshow, the third-largest event of its kind, is closely watched as a measure of the state of Gulf air carriers, who are taking advantage of shifting travel routes to substantially expand their fleets, and ambition to turn the region into a major international hub.
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Old November 13th, 2007, 02:16 PM   #194
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Gulf Air in talks with Boeing, Airbus on fleet renewal

DUBAI, Nov 13 (Reuters) - Bahrain-based Gulf Air is in talks with U.S. planemaker Boeing Co and European rival Airbus to renew its entire fleet of the 35 aircraft, the airline's chairman said on Tuesday.

Gulf Air will choose between the manufacturers in a "few weeks", Mahmoud al-Kooheji told reporters.

The airline is looking to sell shares to the public as early as next year and could consider selling a stake to other airlines or investors, Bjorn Naf, the airline's acting president said.
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Old November 13th, 2007, 03:28 PM   #195
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More info :

Gulf Air to renew entire fleet

DUBAI, Nov 13, 2007 (AFP) - The struggling Bahrain-based airline Gulf Air said on Tuesday it plans to announce orders for as many as 35 planes to renew its entire fleet.

"Our plan is to renew the entire fleet ... (ordering) roughly 35 all-new planes... in a matter of weeks," the carrier's board chairman, Mahmood al-Kooheji, told reporters at the Dubai air show.

He said the new acquisitions which have received government approval could cost more than three billion dollars.

Gulf Air's newly-appointed chief executive Bjorn Naf said the cash-strapped carrier was holding intensive talks with manufacturers Boeing and Airbus, but he did not rule out leasing some of the new aircraft.

The government-owned carrier aims to have a fleet of 45 to 50 aircraft by 2013, compared to 25 ageing planes now, he said.

Founded in 1974, Gulf Air was owned equally by the governments of Bahrain and Oman until the latter announced in May it was withdrawing from the airline. Qatar and Abu Dhabi withdrew in 2002 and 2005.

The airline announced in March that its projected debt at the end of 2007 would be 254 million Bahraini dinars (676 million dollars).
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Old November 13th, 2007, 05:50 PM   #196
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Boeing, Royal Jordanian Sign Order for Two 787s
Airline to take two additional airplanes on direct purchase and two from CIT Aerospace on lease

Boeing Press Release

DUBAI, United Arab Emirates, Nov. 12, 2007 -- Boeing [NYSE: BA] and Royal Jordanian, the country's national carrier, today signed an order for two additional 787 Dreamliners at the Dubai Air Show. The airline also has announced an agreement to take two more 787s on lease from CIT Aerospace.

Royal Jordanian announced an initial order for two 787s, and its intention to acquire a total of 12 787s, at the World Economic Forum held on Jordan's Dead Sea this past May. With today's announcement, Royal Jordanian has a total of four airplanes on order with Boeing. The two additional 787s will be added to Boeing's Orders & Deliveries Web site at the next regular scheduled update.

Lee Monson, Boeing Commercial Airplanes vice president of Sales for the Middle East and Africa, and Royal Jordanian President and CEO Samer A. Majali were on hand to announce the order for the additional 787s. Royal Jordanian was the first Middle East carrier to order Boeing's fast-selling 787.

"We value our relationship with Boeing and are pleased to have taken another major step towards achieving our fleet replacement goals with the 787," said Majali.

"Royal Jordanian's confidence in the 787 is based on a sound strategy of updating its long-haul fleet with an airplane that will provide great efficiency and superb economics," said Monson. "We value our relationship with Royal Jordanian and will continue to meet its expectations as we work together on the airline's fleet transition."

With Royal Jordanian's order for Boeing's 787, 51 customers around the world have ordered a total of 738 Dreamliners, further extending Boeing's record-breaking pace of orders for the launch of a commercial airplane program.
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Old November 13th, 2007, 09:10 PM   #197
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what are the largest middle east airlines by value? and those with largest fleets?
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Old November 14th, 2007, 04:28 AM   #198
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Qatar Airways Planning Daily Bali Service - Report
13 November 2007

JAKARTA (Dow Jones)-- Qatar Airways plans to fly daily from Doha to Bali next year to meet rising demand from Middle Eastern and European travelers, the Jakarta Post reported.

The report quoted Qatar Airways's Far East & Australasia manager Marwan Koleilat as saying that the company was also exploring the possibility of establishing direct flights from Doha to the popular tourist destination.

The airline currently flies to Bali four times a week via Kuala Lumpur, the newspaper reported.
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Old November 14th, 2007, 03:32 PM   #199
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Is Dubai an oasis or a mirage for troubled Airbus?
13 November 2007
Financial Times

Yesterday was finally a good day for Airbus and its parent EADS. After all the turbulence of the past two years, when management and industrial problems allowed US rival Boeing to overtake the European aircraft maker, Airbus has clinched the largest single order for commercial aircraft in its history, from Dubai's Emirates airline.

Better still, the Middle East emirate has enough faith in the European company to place a supplementary order for its new aircraft leasing start-up venture. The two orders are for the A350 mid-size airliner still on the drawing board and the A380 superjumbo. Adding extra glamour, Prince Alwaleed bin Talal, the Saudi billionaire, has placed an order for his personal A380 "flying palace" - a mere trifle at more than Dollars 300m.

All this is helping boost morale at Airbus as well as propping up EADS shares, which have been battered this year by management turmoil, insider-trading allegations and industrial problems.

However, as welcome as this public expression of confidence from Dubai may be, the huge extra workload equally poses some critical issues. Just last week, Louis Gallois, EADS chief executive, admitted the group had "no comfort zone" in meeting its repeatedly delayed deliveries on its A380. Airbus is also having to ramp up production of its A320 best-selling single- aisle aircraft to unprecedented levels, and its has recently announced a costly delay in its A400M military transport aeroplane.

Mr Gallois is the first to insist that Airbus must learn how to make its aircraft on time and to budget. Further delays are unacceptable. The latest bumper orders are hardly going to make this task any easier.

The unions are likely to seize on this to strengthen their hand in difficult negotiations over a reinforcement of the cost-cutting plan designed, in part, to deal with the group's punishing exposure to the weak dollar.

In addition, rocketing orders at Airbus risk compounding Mr Gallois's problems by further increasing EADS's dependence on Airbus, which accounts for nearly 80 per cent of the European group's business. Mr Gallois wants to expand the non-Airbus activities, such as defence, and has sensibly looked at the US where he can benefit from the weak dollar. Yet he has been frustrated up to now by his main French industrial shareholder, Lagardere, which recently vetoed a US defence acquisition. Both the French government and Daimler, the German industrial shareholder, had approved the American deal.

This simply proves once again that one of the group's biggest obstacles remains its core industrial shareholders, neither of which really wants to stay put for the long term. Surely, giving the French and German governments a golden share to protect their respective strategic interests should open the way for Daimler and Lagardere to step aside and allow the company to attract more supportive investors. But such an exit is unlikely to happen any day soon, even if the golden shares are approved at next spring's EADS annual meeting.

So the latest batch of orders from Dubai may be just what Airbus needs to refresh its reputation and standing versus its American rival Boeing. But in the long run, the question is whether the Dubai deals are only feeding the illusion of a comeback.
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Old November 14th, 2007, 04:14 PM   #200
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Airbus ends Dubai Airshow with record orders, worth US$28 billion
14 November 2007

DUBAI, United Arab Emirates (AP) - Airbus announced Wednesday it was walking away from this year's Dubai Airshow with record orders for 163 aircraft from 10 customers, worth an estimated US$28 billion (euro19 billion).

The orders reflect customer confidence in the European aircraft manufacturer, the company stated on its Web site. During the Airshow, the company also won its largest ever single order, for 70 A350 XWBs and 11 A380s from Emirates Airline.

Also, 132 commitments from three customers were placed, the company said. Airbus said it also received a firm contract from Yemenia for 10 A350s.

Earlier Wednesday, Airbus said Cairo-based airline startup Nile Air placed firm orders for nine Airbus 321s. The aircraft will cost US$792 million (euro539 million) at list prices.

In addition, Dubai Aerospace Enterprise Capital committed to acquiring 30 A350s, while C Jet Limited of Hong Kong became the first customer for the VIP version of the plane, the A350XWB Prestige, Airbus said.

"This Airshow has confirmed that Airbus is very much back on the market, continuing to satisfy customers with the right products," said Airbus' chief for customers, John Leahy. "The A380 and A350 XWB have been the highlight of the show, receiving tremendous customer endorsement. They will lead the way in the future in terms of aircraft technology, passenger comfort and environment friendliness."

The Dubai event also "reconfirmed the importance of the A380 to the world market," the company said.

In addition to the Emirates order for 11 additional aircraft, Airbus received the first order for a private A380. The order was placed by Saudi Prince Alwaleed bin Talal, and opens a new market for Airbus super luxury VIP double-decker jet, already dubbed the Saudi prince's "flying palace."

Airbus' single aisle family also continued its success, with 66 firm orders, plus commitments for an additional 101 received from nine customers, including 20 from NAS, 70 from DAE Capital, 22 from Saudi Arabian Airlines, 34 from Air Arabia, eight from Air Blue, nine from Nile Air and four from private customers.

The order from Saudi Arabian Airlines was the first from the airline in 25 years.

The firm orders received during the show also include a firm order for five A330s from Oman Air.

Airbus is owned by European Aeronautic Defense & Space Company. The Dubai Airshow, which opened Sunday in this booming Gulf city-state, ends Thursday.
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