Never before have airlines placed such outsize orders as they did this year, breaking one record after another.
Indian airlines alone made close to 1,000 purchases, but the action was spread across the industry. From Irish low-cost carrier Ryanair Holdings Plc to newcomer Riyadh Air and stalwarts like United Airlines Holdings Inc., buyers from around the globe raced to get their hands on as many planes as they could before delivery slots run out.
There’s more to come. The Dubai Air Show kicks off next week, promising to send 2023 off with a flurry of orders for Airbus SE and Boeing Co. The planemaking duopoly has already racked up commitments that stand at the highest since 2014 as they head into the biennial event, where some of aviation’s biggest deals have been signed in the past.
Local champion Emirates is set to make the biggest splash, with President Tim Clark saying he’s in the market for more widebody jets. Back in June, Clark said he’d order as many as 100 to 150 aircraft, looking at both Airbus and Boeing’s largest models.
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