logo
Share SHARE
FONT-SIZE Plus   Neg

Boeing Said To Near $87 Bln 777X-Jet Order Haul: Bloomberg

Boeing Co. (BA) is in talks with four airlines on orders for its redesigned 777X jetliner valued at as much as $87 billion ahead of next month's Dubai Airshow, the Bloomberg reported, citing people familiar with the matter said.

The 255 planes under discussion include as many as 100 to 150 for Dubai-based Emirates, about 50 for Qatar Airways Ltd. and as many as 30 for Abu Dhabi-based Etihad Airways, the report stated.

Cathay Pacific Airways Ltd. is weighing as many as 25 of the aircraft in a transaction that probably would come before the Dubai event, the report added.

An order haul in Dubai for the 777X would be a boost for Boeing years ahead of the jet's commercial debut, now targeted for decade's end.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
German auto giant BMW Group (BMW.L, BAMXF.PK, BAMXY.PK) reported Tuesday higher net profit in its first quarter, while EBIT, a key earnings metric, declined on weak automotive revenues. Sales volumes, however, increased from last year. Further, the company confirmed its fiscal 2016 forecast, expecting slight increases. BMW shares were losing around 3 percent in the morning trading in Germany. Shares of UBS AG were losing around 5 percent in the morning trading after the Swiss financial services giant reported Tuesday sharply lower profit in its first quarter amid lower net fee and commission as well as trading income. Net interest income, however, improved from last year. Looking ahead, the company said that the ongoing underlying macroeconomic challenges and geopolitical risks ... Asia-focused lender HSBC Holdings Plc reported Tuesday a decline in the first-quarter profit, on weak revenues and net interest income. The results reflected weak performance in all segments and business regions, except Middle East and North Africa as well as CMB.
comments powered by Disqus
Follow RTT