There's exceeding expectations, and then there's exceeding expectations. On the opening day of the Dubai Air Show, a record $192 billion worth of orders were placed, with the Gulf carriers dominating, and Boeing beaming at its new launch.
American aircraft manufacturer Boeing kicked off the show on Sunday by announcing 259 orders for its new 777X, totaling over $95 billion at list prices.
The three major Gulf carriers - Etihad Airways, Emirates, Qatar Airways - and German airline Lufthansa all placed orders for Boeing's new 777X aircraft, representing the largest product launch in commercial jetliner history by dollar value. Lufthansa ordered 34; Etihad chose 25; Qatar ordered 50, while Emirates placed a bid for 150 777X aircraft.
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Speaking as the order was announced, Boeing Commercial Airplanes President and CEO Ray Conner, referred to the 777X as "the largest and most-efficient twin-engine jetliner in the world."
"Its ground-breaking engine technologies and all-new composite wing will deliver unsurpassed value and growth potential to our customers," he added.