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Sunday 18 July 2010
Massive 777 order for Boeing coming at the Farnborough Air Show, but it won't be new revenue | Seattle Times Newspaper
Boeing will make headlines at the Farnborough Air Show with a giant order of 777s from Dubai flag carrier Emirates, according to a person familiar with the details.
That's huge news for Emirates. But for Boeing, it won't truly be new revenue.
Similar to the deal Airbus got at the Berlin Air Show last month, this order is a replacement for a 2007 order from airplane leasing company DAE Capital -- led by CEO Bob Genise, formerly of Bellevue-based aircraft lessors Boullioun Aviation Services.
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