UPDATE 1-AIRSHOW-Boeing takes head start in Dubai with Emirates Dreamliner order

From Reuters - November 12, 2017

(Recasts, add details)

By Tim Hepher and Alexander Cornwell

DUBAI, Nov 12 (Reuters) - Emirates unveiled a preliminary order worth $15 billion for 40 Boeing jets on Sunday, but kept Europes Airbus waiting for a lifeline order for A380 superjumbos as the Dubai Airshow opened amid worries over tensions in the Middle East.

The largest Middle East carrier signed a draft deal for the largest version of Boeings 787 Dreamliner, the 787-10, watched by Dubai Ruler Sheikh Mohammed bin Rashid al-Maktoum, credited for the launch of Emirates more than 30 years ago.

Airline chairman Sheikh Ahmed bin Saeed al-Maktoum said the carrier had chosen the latest version of Boeings mid-sized wide-body jet after comparing it with the Airbus A350.

Deliveries will start in 2022 and Emirates has yet to decide between engines offered by General Electric and Rolls-Royce.

Reuters earlier reported that Boeing was close to clinching a deal for 787-10s, upstaging expectations of an early Airbus deal.

The 40 jets are worth $12.5 billion at list prices, but Boeing said the value had risen to $15.1 billion after including other related equipment.

Boeing landed the order even as business confidence in the region has wobbled.

A rift emerged in the summer between Qatar and Arab nations, including the United Arab Emirates.

That dispute has meant that Qatar Airways, who four years ago opened the Dubai Airshow with a blockbuster order announced jointly with Emirates, is not at the show this week.


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