Dubai Airshow to open with Gulf spending spree | Reuters:
"Gulf airlines are set to place orders worth over $100 billion as the Dubai Airshow gets under way on Sunday, industry sources said, led by record investment in a new Boeing jet.
The birth of a revamped successor to Boeing's 777 jet, with some 250 orders booked or in the pipeline from four airlines, marks a new step in the growth of Gulf airlines and a fierce contest between Boeing and Airbus (EAD.PA) for their business.
Boeing is expected to launch the 777X jet with orders from the top three Gulf carriers -- Dubai's Emirates, Abu Dhabi's Etihad Airways and Qatar Airways -- and Germany's Lufthansa (LHAG.DE) which has already tentatively committed to buy 34 of the planes."
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