Boeing and Dubai-based Emirates Airlines announced on Monday an order for 30 Boeing 777-300ERs. The deal is worth $9.1 billion.
While this order seems to demonstrate the market for commercial aircraft is rebounding, this is precisely what Boeing President and CEO Jim Albaugh believes is happening as he said in this statement today, "The market is clearly coming back and I feel very confident about how we are positioned to regain -- and retain -- leadership in this business."
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Interesting. It seems like Emirates is taking a more conservative approach to their growth going forward, which isn’t surprising!
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