| Airbus and Boeing announced more huge orders | | | | it bought 70 mid-sized Airbus planes, with an |
| for airliners Monday at the Dubai Airshow. | | | | option to buy 50 more. Emirates also |
| | | | announced 11 firm orders for the Airbus A-380 |
| Dubai Aerospace Enterprises, an aircraft | | | | superjumbo. |
| leasing company, signed letters of intent to | | | | |
| buy 100 planes from Airbus and another 100 | | | | Emirates signed a separate deal with Boeing, |
| from Boeing. Those two deals are worth more | | | | Airbus' main rival, to buy 12 long-range |
| than $27 billion. | | | | jets. |
| | | | |
| Soaring oil prices have triggered an economic | | | | Boeing also took an order from Qatar Airways, |
| boom in oil-rich Gulf states, allowing them | | | | which bought 30 mid-sized jets and took |
| to greatly expand their airline fleets. Some | | | | options to buy 30 more. Qatar Airways said it |
| Persian Gulf nations want larger airlines as | | | | will buy 27 Boeing planes. |
| they try to turn their area into a hub for | | | | |
| aviation, finance, and tourism. | | | | Some information for this report was provided |
| | | | by AFP, AP and Reuters. |
| On Sunday, Dubai-based airline Emirates said | | | | |