Dubai Airshow Day 3: Order Book Exceeds $200 Billion

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By Staff  http://gulfbusiness.com

As the Dubai Airshow 2013 entered its third day, its record-breaking order book broke through the $200 billion ceiling raising the event’s profile as a world central business player.

Deals for Bombardier aircraft took the order tally to new airshow heights with Iraqi Airways signing a letter of intent for five CS300 mainline jetliners, worth approximately $387 million, increasing to $1.26 billion if 11 options converted into firm orders.

Minutes later low-cost Thai carrier, Nok Air, placed a firm order for two Bombardier Q400 NextGen aircraft, as well as purchase rights on four more. The order is valued at approximately $63 million and could increase to $258 million if Nok Air exercises its options and purchase rights.

Day three also saw Bell Helicopter announce that by year end, it will make the global debut delivery of its first Bell 412EPI to Abu Dhabi Aviation, where it will be used for offshore oilfield support.

Saudi Arabia’s Alpha Star Support Services signed a $13.3 million contract to supply ground support equipment to fellow Saudi Arabian concern TLD. The contract includes two tractors, belt and cargo loaders, air conditioning and ground power units, jet starters and passenger steps. More info