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Thu 16 Nov 2017 10:25 PM

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Total deals reach $114bn as Dubai Airshow closes

Organisers say trade visitors to event were up by 20% on previous show in 2015

Total deals reach $114bn as Dubai Airshow closes

As the doors closed on another record-breaking Dubai Airshow on Thursday, total orders stood at nearly $114 billion, organisers announced.

Trade visitors to the event were also up around 20 percent on the 2015 event, with some 79,380 people entering the purpose-built hall at Dubai World Central during its five-day run.

Michele van Akelijen, managing director of organisers Tarsus F&E Middle East, said: “The figures speak for themselves – it’s been another successful year. Dubai is geographically at the centre of the global aviation world, and Dubai Airshow is where the sector comes to do business. We have seen incredible, unmatched deals, innovations and ideas.”

The airshow will be remembered for game-changing deals from start to finish including Airbus revealing its largest single announcement ever – a $49.5 billion deal with Indigo Partners to purchase 430 aircraft in its A320neo family.

Boeing inked a $27 billion deal with low-cost carrier flydubai for 225 aircraft in its 737 MAX family, the largest-ever single-aisle jet order from a Middle East airline.

Golden Falcon Aviation, the exclusive aircraft provider of Kuwaiti carrier Wataniya airways signed a deal to lease 25 Airbus A320neo Family aircraft, while Air Arabia, the Middle East low cost carrier, agreed to lease six Airbus A321neo aircraft. AerCap and Egypt Air negotiated a deal with Airbus during the Dubai Airshow to lease 15 Airbus A320neo.

“This has been a very successful show for Boeing. Our regional customers have maintained their trust in our products and technology, and our partnerships in the Middle East region continue to grow,” said Bernard Dunn, president, Boeing Middle East, North Africa and Turkey. “We signed agreements with key airline partners including Emirates, flydubai, Azerbaijan Airlines, ALAFCO and Ethiopian Airlines.”

The airshow returns to Dubai in 2019. 15th edition of Dubai Airshow ends today to return in 2019.

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