The news that fast-growing airline Emirates will buy 50 Boeing 777s for $18bn – with options for a further $8bn-worth – has set the tone at the start of the Dubai air show.
But as the FT reports on Monday in an aerospace special report, the Gulf is not only where the show is – rival airlines from the region are the hot growth prospects for the whole industry.
Emirates may have grabbed the headlines with the Boeing order, but local rivals Qatar Airways and Etihad Airways (the national UAE carrier) are both looking to expand. According to the FT report, Qatar is looking to boost its fleet by 20 per cent by 2013 (up to 120 planes), and is opening up long haul routes into Africa as well as Europe.
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