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Boeing bonanza leaves rival Airbus in the dust at 2023 Dubai Airshow with three times more aircraft orders - TL;DR CNBC

Boeing bonanza leaves rival Airbus in the dust at 2023 Dubai Airshow with three times more aircraft orders

Publishing timestamp: 2023-11-16 12:03:05


Summary

Boeing outperformed Airbus at the 2023 Dubai Airshow, securing 295 aircraft orders compared to Airbus's 86. The strong demand for wide-body jets reflects optimism for long-haul air travel and marks a comeback for Boeing after years of underperformance. Concerns were raised about the cost and performance of Airbus's Rolls-Royce engines. Dubai showcased its importance as a transit hub and defended its market share against rising competition.


Sentiment: MIXED

Tickers: AIR-FRBA

Keywords: middle eastunited arab emiratesbreaking news: businessboeing cotraveltransportationbusiness newsdubaiaerospace and defense industryairlines

Source: https://www.cnbc.com/2023/11/16/dubai-airshow-2023-boeing-order-bonanza-leaves-airbus-in-the-dust.html


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