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Dubai Airshow strikes deals worth $17 billion at opening day

Staff Writer |
The 15th edition of the biennial Dubai Airshow kicked off on Sunday and deals worth $17 billion were signed.

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The major deal being sealed on day one of the airshow was an order placed by Emirates Airline for 40 Boeing 787-10 aircraft valued at $15.1 billion.

Emirates is already the world's largest Boeing 777 operator and the airline will be first to receive the new 777X in 2020.

The order book includes new deals for international and local companies, including Abu Dhabi Aviation, Thales, Augusta Westland and Global Aerospace Logistics.

Milestone Aviation Group, a GE Capital Aviation Services company and a global helicopter leasing firm, and Italian aerospace and defence firm Leonardo announced Sunday that Falcon Aviation of UAE's Abu Dhabi will expand its AgustaWestland AW169 helicopter fleet with the addition of a further three aircraft.

Jetex Flight Support in Dubai announced plans to build its aircraft hangar at the Jetex (fixed-base operation) FBO Terminal near Al Maktoum International Airport in Dubai South Aviation District.

Set to be operational by 2019, the new development, encompassing 20,000 square meters, will feature an air-conditioned hangar fully equipped to accommodate the parking and maintenance needs of all major types of aircraft.

The five-day Dubai Airshow which occupies 645,000 square meters at the exhibition center near Al Maktoum International Airport will run through Thursday.

More than 72,500 trade visitors and 1,200 exhibitors are expected across the event's five-day run, representing the entire spectrum of the aerospace industry.


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