Airbus, Boeing get $27.2B in orders

Dubai, United Arab Emirates -- State-owned Dubai Aerospace Enterprise said Monday it would order 100 planes each from Airbus SAS and Boeing Co. for a combined $27.2 billion.

The deal, announced at the Dubai Air Show, includes $13.7 billion to Toulouse, France's Airbus, owned by European Aeronautic Defense and Space Co., and $13.5 billion to Chicago's Boeing.

The pact includes a deal with General Electric Co. for engines, valued at more than $1.9 billion, the Dubai company said.

DAE, established in February 2006, said its order included 70 short- to medium-range Airbus A320s, 30 long-range, wide-body A350s, 70 short- to medium-range Boeing 737s, 10 long-range, wide-body 777-300s, 15 wide-body 787 Dreamliners and five long-haul, wide-body 747 jumbo jets.

Also Monday, Saudi Arabian Airlines said it signed a memorandum of understanding for 22 Airbus A320 aircraft and could increase the order by eight more A320s. And Saudi discount carrier NAS Air ordered 20 Airbus A320 jetliners, with a catalog price of $2.2 billion.

Separately, Qatar Airways said it was buying 30 Dreamliners that Boeing previously listed as "unidentified" and said it would order five additional 777s, with a catalog value of more than $1 billion.

© 2007 United Press International.