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Boeing goes big at Dubai Airshow, while airbus waits
Mint Mumbai
|November 14, 2023
Boeing Co. opened the Dubai Airshow with a flurry of orders led by a whopping $52 billion wide-body commitment from Emirates Airline, while teasing the possibility of more as China moves closer to a major deal for the 737 Max.
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Shares of the US planemaker advanced 3.3% in premarket US trading after Emirates said it would buy an additional 90 of Boeing's coming 777X model and five more 787s, confirming a Bloomberg News report. Emirates is already the biggest buyer of the massive twin-engine 777X, which sports wingtips that fold to make it easier to fit through airports.
This story is from the November 14, 2023 edition of Mint Mumbai.
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