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Boeing, Airbus clinch deals in Dubai for over $ 100b

AFP, Dubai
Dubai Airshow kicked off Sunday with whopping plane orders worth over $ 100 billion for Boeing and Airbus from Gulf carriers, mostly clinched by the US aircraft manufacturer.
The biennial show got off to a bright start for Boeing's 777X - a long-range, wide-bodied airliner that features lower fuel consumption engines and composite wings. It is scheduled to be ready in 2020.
Etihad Airways began the coveted show with a $25.2-billion order for Boeing planes, including 25 777Xs and one 777-200 freighter.
The deal also included an order for 30 units of 787 Dreamliners, making the fast-growing carrier the largest single customer of the medium-body plane.
The Abu Dhabi carrier also
announced it was taking an option to purchase a further 26 planes from Boeing.
"Today is an important day in the history of Etihad," said its chief executive James Hogan.
Emirates Airline followed shortly afterwards by placing orders with both the rival US and European manufacturers, in twin deals valued at $99 billion, 80 percent of which were destined to Boeing'scoffers.
No details were given on the figure that includes the engines.
The Dubai-based airline ordered 150 Boeing 777X planes, including 35 777-8Xs and 115 units of the 777 -9X.
The Middle East's largest carrier also boosted Airbus' sales book with an order for 50 A380 super jumbos, in the first sale of the double-decker th is year.
The order cements Emirates'
status as the single largest operator of the long-haul airliner, its chief Sheikh Ahmed bin Saeed Al-Maktoumsaid.
"Emirates has understood from the start the A380's advantages in terms of efficiency, economics and passenger comfort," Fabrice Bregier, Airbus chief and president, told the signing ceremony.
Airbus has been struggling to sell its A3 80 super jumbo.
Sales of the world's largest commercial aircraft suffered in 2012 after hairline cracks were discovered on A380 wings. Just nine were sold last year, down from an initial order of 30.
Emirates also announced a commitment by flydubai, its budget sister company, to buy up to 100 Boeing single-aisled 737 MAX.
Qatar Airways also chipped by signing a letter of intent to buy 50 of
Boeing's 777Xs valued at $ 19 billion.
The Doha-based airline said it had also ordered five A330 freighters from Airbus, which are valued at about $1 billion according to list prices.
The order was accompanied by an option to add eight airliners, which would put the overall price of the deal at $2.8 billion, chief executive Akbar Al-Baker said.
The Qatar Airways chief praised Boeing's 777 long-haul workhorse as he made a surprise appearance at the joint Emi rates-Boei ng briefing.
The 777 has been a best-seller since it was launched in the 1990, with 1,473 units sold by November 12.
Boeing is fielding the 777X to counter Airbus's long-haul A350-1000.
This aircraft is anticipated to enter service in 2017 with a capacity of 350 passengers, and threat-
ens Boeing's predominance in the long-haul market
In the 2007 Dubai Airshow, sales reached $155 billion (115 billion euros).
Analysts have projected that orders this year could be close to that record.
In June, the Paris air show at Le Bourget racked up $115 billion in announced sales atcatalogue prices.
The 13th Dubai Airshow, which runs until Thursday, is held for the first time at the just opened Al-Maktoum International, the emirate's second airport and touted to become the world's biggest once complete.
With some 150 aircraft displayed on the tarmac and with 1,000 exhibitors, the show cements the Gulf region's hard won position as the global hub for 21st century travel, spearheaded by booming airlines whose reach