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November 15, 2011

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Boeing bags Oman Air order

BOEING yesterday snagged a new Middle East customer for its much-hyped 787 Dreamliner at the Dubai Airshow, a day after it received a record-breaking confirmed order for 50 wide-body planes.

Oman Air has ordered six Dreamliners, though the planes will not translate into additional business for the US-based plane maker because Oman Air is taking over orders previously placed by Kuwait-based leasing company Alafco.

It is not clear why the orders were transferred.

Oman and Boeing have not released the financial terms of the order. Each 787-8 costs US$193.5 million at list prices, though airlines often negotiate discounts.

Oman Air Chief Executive Peter Hill said the decision is part of Oman Air's long-term growth strategy.

Qatar Airways has already ordered 30 Dreamliners and has options for 30 more.

Emirates on Sunday ordered 50 Boeing 777s with another 20 options. Boeing said the deal, worth US$18 billion at list prices, was its biggest single order by value.

European manufacturer Airbus predicts the Middle East will require about 1,920 new planes worth more than US$347 billion up to 2030.

The Dreamliner is made of lightweight materials and could be 20 percent more fuel-efficient than similar planes.




 

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