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DUBAI AIR DEVELOPMENT OFFERS AED 114.6 BILLION

2019-11-18T22:10:35.154Z

The value of deals and contracts announced during the first and second days of the 16th session of the Dubai Airshow 2019 exceeded AED 126 billion, after the second day alone witnessed deals worth about AED 114.6 billion. Per day



The value of deals and contracts announced during the first and second days of the 16th session of the Dubai Airshow 2019 exceeded AED 126 billion, after the second day alone witnessed deals worth about AED 114.6 billion.

"Fly Emirates"

On the second day of the show, Emirates announced a “firm order” for 50 A350-900 XWB aircraft worth $ 16 billion (about AED 58.7 billion). It is expected that the carrier will take delivery of these aircraft, which will be powered by engines «XWB» from «Rolls Royce» as of May 2023.

"Arabia Airlines"

Air Arabia announced the signing of a firm order for 120 aircraft from Airbus, with a total value of $ 14 billion (about AED 51.45 billion). The order will triple the existing fleet of Air Arabia. The new orders included 73 A320neo, 27 A321neo and 20 A321XLR aircraft. Delivery of the required aircraft is scheduled to start in 2024.

"EgyptAir"

In addition, EgyptAir announced the addition of two aircraft, through the conclusion of a lease agreement signed with AirCap. Sun Express also signed an order for 10 Boeing Max 8 aircraft worth $ 1.2 billion (AED 4.4 billion), according to the current price list.

First day deals

It is noteworthy that the value of military deals concluded on the first day of the exhibition amounted to about 7.62 billion dirhams, through 11 diversified deals.

The Nigerian Air Peace Company has signed a contract for the purchase of three aircraft «Embraer E195-E2» worth up to $ 212.6 million.

Sanad Aviation Technologies has announced that it has signed a new strategic agreement with General Electric Company, worth 500 million dirhams, to provide maintenance services for the latest types of engines used on wide-body and narrow-body aircraft. Boeing has announced a deal to sell two 787 Dreamliners to Bangladesh Airlines for $ 585 million (Dhs 2.146 billion).

In a related context, announced «« Havilland Canadian aircraft », that« Ellen Group »signed an agreement to buy three aircraft« Dash 8-400 ».

- The value of military deals concluded on the first day of the exhibition amounted to about 7.62 billion dirhams through 11 diversified deals.

Source: emara

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