15 July 2008

Update on Farnborough Day 1

Two interesting points of note.

1. The Etihad order including options was over 200 aircraft of which the bulk were wide bodies. The total order using list prices would make the EY order the largest in Aviation history by dollar value. A Bubble? Well you be the judge

2. The FlyDubai order included the option to convert to 737-900ERs. That provides the ability to fly to most of Europe. However we believe that the bulk of the flying will be with in the region and a tilt towards Indian Subcontinent. Thus clearly Air Arabia and Jazeera are now in the cross hairs of the Dubai based airline.



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