Updated from Sunday, July 18
The order, announced Monday at the Farnborough International Airshow, adds to the 71 models of the same aircraft previously bought by Emirates, according to the Associated Press.
The news comes as the airplane industry is gathering in England for the Farnborough International Airshow.A highlight of the show was the landing of a Boeing 787 jet -- the first time one has touched down outside the U.S. Boeing has often touted the plane as a next-generation airliner because of its fuel efficiency and what the company claims is a more comfortable passenger environment. But production problems already have delayed the airliner's delivery by more than two years. At the show, Boeing CEO Jim McNerney said the company planned to deliver the 787 by the end of this year, although he added that some administrative delays could push the date into 2011, the Associated Press reported.
|Boeing CEO Jim McNerney, right, and Jim Albaugh, the chief of the company's commercial airline unit, pose with a Boeing 787 after it landed at the Farnborough International Airshow.|
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV