Largest air show opens with big Boeing ordersAerospace execs upbeat about future of industry despite high fuel costs
Etihad Airways and FlyDubai both ordered next-generation 787 aircrafts.
FARNBOROUGH, England - The world's largest air show opened Monday with several new orders for Boeing Co. and aerospace executives upbeat about the future of the industry despite high fuel prices and the credit crisis.
The Farnborough International Airshow on the outskirts of London is traditionally — along with its sister show in Le Bourget in France on alternate years — the scene of a flurry of high profile orders for U.S.-based Boeing Co. and its European rival Airbus.
In an early, anticipated announcement, the recently launched low-cost airline FlyDubai announced an order for 50 next-generation 737-800s, worth around $3.74 billion in total at current list prices. FlyDubai has substitution rights to convert its 737-800 orders to 737-900ERs in the future.
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http://www.msnbc.msn.com/id/25673831/
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