Sunday, 13 November 2011

Boeing’s Albaugh Expects ‘Very Good Show’ as Dubai Expo Opens - Businessweek

Boeing Co. is confident about prospects for the Dubai Air Show, as the U.S. aircraft maker comes to the Middle East with two new planes in service and 700 commitments for its 737 MAX, a senior executive said.

“I expect to have a very good show,” Jim Albaugh, the chief executive officer of Boeing’s commercial jet division, told journalists yesterday at a briefing ahead of the show’s opening today. “They get better and better every year,”

The company brought the 787 Dreamliner into commercial service last month after three-and-a-half years of delays, and Boeing has also handed its 747-8 freighter over for commercial operation. That’s giving the company a boost after being overrun by European rival Airbus SAS on orders for smaller jets at the Paris Air Show four months ago.

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