Boeing to announce $8 billion orders at Singapore Airshow

At Asia’s largest aviation industry event later this month in Singapore, aircraft maker Boeing Co. may not announce any big-ticket order from Indian carriers but it will unveil purchase orders for about 100 planes worth up to $8 billion (Rs31,520 crore) from South-East Asian carriers, signalling continued aircraft demand in the region.
The Boeing executive in charge of plane sales declined to name the airlines placing that order, the Chicago, US-based firm’s biggest order since Dubai Aerospace Enterprise’s similar order of $10 billion at list prices late last year, but said the purchases were mostly by carriers from Malaysia and Indonesia.
Boeing has received confirmation for at least 85 aircraft already, and another 15 are likely to be finalized soon. About 90% of the orders would be the narrow-body 737-800 and 737-900 ER, besides the long-haul 777 planes.
The six-day-long Singapore Airshow starts on 19 February, and the show organizers ­expect to see nearly 15,000 overseas visitors.
04/02/08 Tarun Shukla/Livemint

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Categories: Foreign Feb 2008, Singapore Airshow 2008