On last Sunday, three Middle Eastern Airlines (Emirates airlines, Etihad airways and Quatar airways) signed to buy 225 of Boeing’s new 777X jets resulting in a total order cost of $95 billion. The latest deals come from the Dubai Airshow where airlines from the Middle East announced more than $150 billion in orders of various planes.

Emirates airlines which order 150 777X’s said it would also buy 50 more A380s which have so far disappointed sales overall. The A380 deal would be reportedly worth $23 billion, however both Boeing and Airbus offer discounts. Etihad Airways also announced that it would buy 25 of the 777X’s and Qatar Airways said it would buy 50 of the new jets.

This huge order illustrates how big money in aviation is moving towards Asia and the Middle East. This indicates how the industry is growing in rapidly modernizing areas of the world. The Middle East is slowly considered as the pathway between Europe and the East. Flights from Europe usually go over the UAE to Asia and Australia.

Work Cited:

Drew, Christopher. “New Boeing Jet Pulls In $95 Billion in Orders.” New York Times. New York Times, 17 Nov. 2013. Web. 17 Nov. 2013.