Saturday, July 12, 2025
INBV News
Submit Video
  • Login
  • Register
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • More
    • Podcasts
    • Reels
    • Live Video Stream
No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • More
    • Podcasts
    • Reels
    • Live Video Stream
No Result
View All Result
INBV News
No Result
View All Result
Home Travel

Boeing order bonanza leaves Airbus within the dust

INBV News by INBV News
November 16, 2023
in Travel
394 4
0
Boeing order bonanza leaves Airbus within the dust
548
SHARES
2.5k
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Delta says segmentation coming to high-end cabins

Massive swarm of bees delay deplaning as firefighters called

Aermacchi MB-339 trainer aircraft of the Fursan al-Emarat (UAE Knights) aerobatics team release smoke as they fly over with an Emirates Airbus A380-861 jetliner aircraft in the course of the 2023 Dubai Airshow at Dubai World Central – Al-Maktoum International Airport in Dubai on November 13, 2023. 

Giuseppe Cacace | Afp | Getty Images

DUBAI, United Arab Emirates — American aerospace giant Boeing eclipsed its French rival Airbus after 4 days of deals on the 2023 Dubai Airshow, underlining strong demand for wide-body jets particularly and making a robust comeback after several years of underperformance following major safety scandals.

Boeing chalked up 295 aircraft orders compared to Airbus’s 86 orders by day 4 of the Middle East’s largest aviation event, in response to company updates and tallies from industry experts. The French manufacturer grappled with publicly aired concerns over the fee and performance of its Rolls-Royce engines.

Boeing kicked off the primary day of the show with an enormous order for 95 of its 777 wide-body jets from Dubai’s flagship carrier Emirates Airline at list prices of $52 billion, followed by an $11 billion order from Emirates subsidiary and low-cost carrier FlyDubai for 30 of its first-ever-ordered 787 Boeing Dreamliners.

The robust appetite for wide-body jets highlighted each Dubai’s optimistic outlook for long-haul air travel in addition to the importance of the Middle East market to the aircraft model’s demand. The purchases showed Dubai flexing its muscles as a number one East-West transit hub, looking keen to defend and increase its market share amid rising competition or expansion from carriers in Turkey, India and Saudi Arabia.

A Boeing 777-X aircraft flies in the course of the 2023 Dubai Airshow at Dubai World Central – Al-Maktoum International Airport in Dubai on November 13, 2023. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Giuseppe Cacace | Afp | Getty Images

The Emirates order was made up of 55 additional Boeing 777-9s and 35 of its 777-8s, bringing the airline’s total orders for the 777X wide-body jets to 205 units. Emirates also updated its order of Boeing 787 Dreamliners from 30 to 35.

The numerous proportion of wide-body jets on the Dubai show “reflects the surge in international travel in 2023; and it favors BA (Boeing), which is stronger than Airbus in widebodies and has snared ~50% of the Dubai dollar order value,” analysts at TD Cowen wrote in a note on Wednesday.

Turkish-German airline SunExpress made the second-largest Boeing order after Emirates, comprised of 56 of its narrow-body 737-8s and 34 737-10s. Ethiopian Airlines followed with as much as 41 737-8s and 26 787-9s, then FlyDubai with 30 787-9s, Kazakhstan’s SCAT Airlines with seven 737-8s, and Royal Jordanian and Royal Air Maroc with orders of 4 and two 787-9s, respectively.

Airbus faces ongoing deal talks, engine criticism

Airbus, which had firmly dominated in the previous few Dubai shows, trailed behind with 86 aircraft orders, the biggest from Air Baltic which bought 30 narrow-body A220-300s with an option for an extra 20. Ethiopian Airlines ordered 11 of Airbus’s widebody A350-900s, while EgyptAir purchased 10 of the identical jet.

An Airbus A350-1000 aircraft flies above a mosque in the course of the 2023 Dubai Airshow at Dubai World Central – Al-Maktoum International Airport on November 14, 2023. 

Karim Sahib | Afp | Getty Images

Emirates on Thursday ordered 15 of the French plane maker’s A350-900 jets, a purchase order the airline said is price $6 billion — a much smaller order than previously anticipated, after the carrier’s president Tim Clark openly criticized the fee and maintenance required for the Rolls-Royce engines on the Airbus A350.

“If the engine was doing what we wish it to do … then it could re-enter the combo of assessment for our fleet plan,” Clark told journalists on the airshow. He said that Emirates would have ordered 35-50 of the jets otherwise.

Emirates president says airline has all tools needed to negotiate expansion and external shocks

In an announcement replying to the comments, Rolls-Royce said that the A350-900’s XWB-84 engine “is the very best engine on the market whenever you take a look at efficiency, durability and reliability.” 

Industry watchers also anticipated a blockbuster sale for Airbus of 355 planes to Turkish Airlines. But as a substitute of a signing, the 2 said they reached an “agreement in principle for a major business aircraft order,” with the Turkish flag carrier saying in an Istanbul stock exchange filing that its “discussions with Airbus” are “ongoing.”

Boeing orders ‘exceeded investor expectations’

Boeing’s orders are already nearly thrice as high as its total orders from the Dubai Airshow in 2021, and approaching the 356 orders in clinched on the 2023 Paris Airshow in June. Airbus’s order figure of 86 aircraft is meanwhile significantly behind its 2023 Paris Airshow haul of 846 orders and 2021 Dubai Airshow total of 408.

Prior to this week, the enduring American manufacturer hadn’t enjoyed a winning performance at a Dubai Airshow since 2017. In 2019, Boeing’s sales were badly hit following two catastrophic crashes of its popular 737 Max jet in lower than five months. Its fleet of roughly 400 737 Max jets all over the world were grounded for nearly two years.

Boeing has a seven-year backlog at current production rates

“We consider the Dubai order flows have exceeded investor expectations so far for Boeing,” analysts at RBC Capital Markets wrote in a note after the second day of the airshow.

The analysts still saw potential future orders for Airbus. “Despite Airbus not yet solidifying its take care of Turkish Airlines, we consider the order activity might be increasing across other airlines,” RBC wrote on Tuesday.

A Riyadh Air Boeing 787-9 jetliner aircraft is pictured on the tarmac in the course of the 2023 Dubai Airshow at Dubai World Central – Al-Maktoum International Airport in Dubai on November 13, 2023.

Giuseppe Cacace | Afp | Getty Images

“Saudi Arabia’s newest airline, Riyadh Air, said it might be trying to make a narrowbody purchase, together with [low-cost Saudi carrier] Flyadeal, who might be planning to order about ~150 more” narrow-body jets, it said.

The Middle East’s largest aviation event, the Dubai Airshow takes place every two years and this 12 months hosted some 1,400 business and military exhibitors from 95 countries, in response to its website.

'We clearly need more capacity,' Dubai Airports CEO says after Boeing signs $52 billion deal with Emirates
0

do you think most people take vacations yearly?

Tags: AirbusBoeingbonanzadustLeavesOrder
Share219Tweet137
INBV News

INBV News

Related Posts

edit post
Delta says segmentation coming to high-end cabins

Delta says segmentation coming to high-end cabins

by INBV News
July 11, 2025
0

Nurphoto | Nurphoto | Getty ImagesDelta Air Lines is studying latest varieties of airplane tickets — this time within the...

edit post
Massive swarm of bees delay deplaning as firefighters called

Massive swarm of bees delay deplaning as firefighters called

by INBV News
July 11, 2025
0

They wanted to affix the mile hive club. A flight in India was delayed for greater than an hour after...

edit post
Delta Air Lines (DAL) 2Q 2025 earnings

Delta Air Lines (DAL) 2Q 2025 earnings

by INBV News
July 10, 2025
0

A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024.Joan...

edit post
Airline passenger claims thieves are using discarded bag tags for fraud scheme

Airline passenger claims thieves are using discarded bag tags for fraud scheme

by INBV News
July 9, 2025
0

A Reddit user claiming to be an airline worker is warning travelers about the opportunity of being scammed on the...

edit post
He pays $460 in rent for a luxury condo in Thailand

He pays $460 in rent for a luxury condo in Thailand

by INBV News
July 9, 2025
0

Shao Chun Chen moved from Singapore to Thailand in November 2024.Courtesy of Shao Chun ChenWhen Shao Chun Chen was laid...

Next Post
edit post
Adam Johnson’s girlfriend made heartbreaking discovery after his death

Adam Johnson's girlfriend made heartbreaking discovery after his death

edit post
IBIZA SUMMER MIX 2023 🐬 Best Of Tropical Deep House Music Chill Out Mix 🐬 Summer Mix 2023

IBIZA SUMMER MIX 2023 🐬 Best Of Tropical Deep House Music Chill Out Mix 🐬 Summer Mix 2023

CATEGORIES

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Podcast
  • Politics
  • Sports
  • Technology
  • Travel
  • Videos
  • Weather
  • World News

CATEGORY

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Podcast
  • Politics
  • Sports
  • Technology
  • Travel
  • Videos
  • Weather
  • World News

SITE LINKS

  • About us
  • Contact us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA

[mailpoet_form id=”1″]

  • About us
  • Contact us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA

© 2022. All Right Reserved By Inbvnews.com

No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • More
    • Podcasts
    • Reels
    • Live Video Stream

© 2022. All Right Reserved By Inbvnews.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist