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☆ New quality glitch to delay some Boeing 737 Max deliveries
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: +1 min

A Boeing 777-9 jetliner aircraft is pictured on the tarmac during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on Nov. 13, 2023. Boeing Co said on Sunday it will have to do more work on about 50 undelivered 737 Max airplanes, potentially delaying near-term deliveries, after its supplier Spirit AeroSystems discovered two mis-drilled holes on some fuselages. "This past Thursday, a supplier notified us of a non-conformance in some 737 fuselages. "While this potential condition is not an immediate flight safety issue and all 737s can continue operating safely, we currently believe we will have to perform rework on about 50 undelivered airplanes," Deal said. The checks focus on potentially incorrect positioning of two holes on a window frame assembly supplied by Spirit, a condition known as "short edge margin," the sources said.

Persons: AeroSystems, Stan Deal Organizations: Boeing, Maktoum International Airport, Boeing Commercial, Spirit Locations: Dubai, Al, Maktoum

☆ Dubai is the economic jewel of the Middle East — now its Gulf neighbors are coming for a piece of the pie
▼ + stars: | 2024-02-03 | by ( Pete Syme | Beatrice Nolan | ) www.businessinsider.com time to read: +8 min

According to Forbes' 2023 Travel Guide, Dubai has nine 5-star hotels , compared to Abu Dhabi's three and two in Qatar and Saudi Arabia. Saudi Arabia has made it clear that it wants in on international travel, stating it aims to attract 100-150 million visitors by 2030. Saudi Arabia is catching up with a new airlineThe competition is perhaps the most heated in the aviation industry. On its double-decker Airbus A380, Dubai's airline, Emirates, has top amenities like a shower for business-class passengers, plus an on-board bar. AdvertisementAnd even if it succeeds in attracting tourists to Saudi Arabia, it is unlikely to knock Emirates off its perch.

Persons: —, Saudi Crown Prince Mohammed bin Salman Al Saud, Saudi Arabia hasn't, Abu, Abu Dhabi, Forbes, Abu Dhabi's, Faisal Alibrahim, Alibrahim, Mohammed Bin Salman, Kristian Coates Ulrichsen, Ulrichsen, Skytrax, Pete Syme, Tony Douglas, Douglas, That's, OAG Organizations: Service, United Arab Emirates, Business, Saudi Crown, Etihad, Bloomberg, CNN, Saudi, Economic, Rice, Baker Institute for Public Policy, Emirates, Qatar Airways, Qatari, Etihad Airways, Riyadh Air, Air, Riyadh Air's Boeing, Boeing, Dubai International Airport Locations: Dubai, Gulf, Saudi, Saudi Arabia, Riyadh, Abu, UAE, Qatar, Davos, Neom, Emirates, Still, Kingdom of Saudi Arabia, Europe, Americas, Africa, Asia

☆ See the luxe cabin designed for Boeing's more than $400 million BBJ 777X private jet targeting the world's wealthiest
▼ + stars: | 2023-12-03 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Lufthansa Technik unveiled a cabin design for Boeing's newest business jet. The more than $400 million BBJ 777X was unveiled in 2018 and is expected to enter service in 2025. AdvertisementAhead of last month's Dubai Airshow, Lufthansa Technik AG unveiled a new luxury design for Boeing's upcoming BBJ 777-9 business jet. Boeing Business Jets is the company's private aviation arm and produces a line of private planes based on its commercial airliners, including the BBJ 737 MAX, the BBJ 787, and the upcoming BBJ 777X. Named the CelestialSTAR and primarily targeting Middle Eastern royal families, the long-awaited 777X design looks like a palace with a modern flair.

Persons: — Organizations: Lufthansa Technik, Service, Dubai, Lufthansa Technik AG, Boeing Business Jets

Though aerospace and defense funds understandably haven't done well in this year's faltering market, some individual stocks have posted substantial gains. U.S. support in what's turning out to be a long war in Ukraine will likely push overall contractor spending higher, benefitting aerospace and defense companies. In this era of high-tech warfare, when strategic military engagement is more about digital systems and aerial weapons than boots on the ground, aerospace and defense companies are advantageously positioned. Lucrative products include fighter jets, helicopters, parts for them, avionics products, missile guidance system, drones and anti-drone technology and support services. Curtiss-Wright Corp (CW) Projected five-year annual earnings growth: Data was not available.

Persons: Lockheed Martin, Giuseppe Cacace, Northrup Grumman, Howmet's, Wright, Woodward, Gerald R, Ford Organizations: US Air Force, USAF, Lockheed, Maktoum International Airport, Afp, Getty, U.S, Publicly, General Dynamics, TransDigm, Inc, Parsons Corp, U.S . Department of Defense, Missile Defense Agency, State Department, Department of Homeland Security, Department of Energy, Federal Aviation Administration . Products, Aerospace, Curtiss, Wright Corp, CW, N.C . Products, Woodward Inc, Huntington Ingalls Industries, Coast Guard, Ford, Pentagon Locations: Dubai, Al, Maktoum, Ukraine, Israel, Gaza, what's, Virgina, Washington, Davidson, N.C, Fort Collins , Colorado

☆ Exclusive: Emirates tells Rolls-Royce: Go back to basics, put products first
▼ + stars: | 2023-11-29 | by ( Tim Hepher | ) www.reuters.com time to read: +5 min

Signs for Emirates airlines are stacked to the side at Logan Airport in Boston, Massachusetts, U.S., January 19, 2022. "If you have an engine ... not performing as it should do, your costs are going to rise. Get your product right, design it to what the client wants, give it that high level of reliability. And yes, paradoxically, you can extract more value for your money for your buck in terms of your investment." He brushed aside the idea of renegotiating existing engine contracts to raise hourly pricing, saying "don't go there".

Persons: Brian Snyder, Tufan Erginbilgic, Tim Clark, Clark, I've, Royce, Erginbilgic, we're, Tim Hepher, Sharon Singleton, Mark Potter Organizations: Emirates, Logan Airport, REUTERS, Rights, Dubai's, Royce, Reuters, Airbus, Boeing, Airlines, Raytheon Technologies, Thomson Locations: Boston , Massachusetts, U.S, Dubai's Emirates, British, Dubai

☆ How Emirates will keep the world's largest airliner flying for years to come —even though Airbus doesn't make it anymore
▼ + stars: | 2023-11-25 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

Emirates announced investments of more than $1.5 billion to keep its 119-strong fleet of Airbus A380s flying. While Airbus shut down production of the A380 in 2021, the move shows Emirates' continued commitment to the jet. AdvertisementAlthough global airlines continue to retire the mammoth Airbus A380 in favor of more fuel-efficient twin-engine aircraft, Emirates is long from giving up on its flagship airplane. AdvertisementThe billion-dollar investment comes despite Airbus shutting down production of the A380 in 2021 after sending off its last double-decker to Emirates. In January, the first of 67 superjumbos completed its full cabin overhaul as part of Emirates' $2 billion retrofit program.

Persons: —, Sir Tim Clark, Clark, Bob Lange, Alan Joyce Organizations: Emirates, Airbus, Service, Dubai Airshow, Collins Aerospace, Honeywell, Pratt & Whitney, Lufthansa Technik, Boeing, British Airways, Qantas, Korean, CNN Locations: Emirates, UAE, London, Los Angeles . Emirates

☆ ‘I’ve dedicated my life to this mission’: Sara Sabry on making space exploration more accessible
▼ + stars: | 2023-11-24 | by ( Arya Jyothi | Maheshpreet Narula | ) edition.cnn.com time to read: +5 min

CNN —Last year, Sara Sabry made history when she became the first Egyptian, the first Arab woman and the first African woman in space. CNN spoke to Sabry at Dubai Airshow last week to find out more about her experience going to space, and why she started Deep Space Initiative. CNN: How did you feel when you heard that you were selected to go to space? Sabry was chosen to join the Blue Origins flight by the non-profit Space for Humanity Blue OriginCNN: What did you feel when you first saw Earth from space? CNN: Why did you set up the Deep Space Initiative?

Persons: CNN —, Sara Sabry, you’re, Sabry, wasn’t, ”, we’re, it’s Organizations: CNN, Humanity, University of North, Sabry, Dubai Airshow, Humanity Blue Origin CNN, ” CNN Locations: University of North Dakota, Colorado, Egypt, Africa

☆ Emirates is spending over $1 billion to continue flying its A380s, a mammoth jet famous for its onboard shower and bar. See inside the superjumbo.
▼ + stars: | 2023-11-24 | by ( Thomas Pallini | Taylor Rains | ) www.businessinsider.com time to read: 1 min

"How could it be as good as the A380 on the upper deck, or as good as it is in economy with 10-abreast seating on the main deck," Clark said of the Boeing 777X in an interview with Business Insider. Emirates' refurbished Airbus A380 at Dubai Airshow 2021. Thomas Pallini/Insider

Persons: Clark, Thomas Pallini Organizations: Boeing, Business Insider, Emirates, Airbus Locations: Dubai

☆ Take a look at the military planes, helicopters, and missiles Russia put on display at the Dubai air show – if you knew where to find them
▼ + stars: | 2023-11-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Russia is banned from most of the world's major air shows, like the leading ones in Paris and Farnborough. But it showed off its military aircraft and a new missile at this month's Dubai Air Show. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Since its invasion of Ukraine began in February 2022, Russia has been banned from most air shows like the leading Paris and Farnborough ones. AdvertisementSo the Dubai Airshow gave Business Insider the rare chance to see some Russian military aircraft, missiles, and model spacecraft in person.

Persons: —, Rafael Organizations: Dubai Air, Service, Dubai Airshow, IAI, Farnborough Locations: Russia, Paris, Farnborough, Dubai, Ukraine

☆ I went onboard an Emirates A380 for the first time and was blown away by the first-class luxuries – and how you can shower in mid-air
▼ + stars: | 2023-11-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

The first-class suites are huge and offer access to a bar and a private shower spa. The largest passenger jet really comes into its own when you're on the upper deck. AdvertisementThe Airbus A380 is the biggest passenger jet ever built, with a maximum takeoff weight of 575 tonnes — about the same as 320 Ford 5-150 trucks. An Emirates A380 seats about 480 passengers, compared to about 280 on the A350-900 and about 240 on a typical Boeing Dreamliner. My first time setting foot on an A380 came at the Dubai Airshow, where I got to see every part of an Emirates jetliner, including the exclusive private shower spa.

Persons: — Organizations: Airbus, Dubai Airshow, Service, Boeing Locations: Emirates, London, Qatar

☆ Leasing giant SMBC places order for 60 Airbus A320neo planes
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

The logo of Airbus is seen at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsDUBLIN, Nov 21 (Reuters) - SMBC Aviation Capital placed an order for 60 Airbus (AIR.PA) A320neo family aircraft, the world's second largest aircraft leasing firm said on Tuesday, without disclosing the financial details of the deal. Nikkei Asia, which first reported the deal, said it was thought to be worth around $3.4 billion, based on the A320neo's market price. Boeing won new orders for 196 aircraft while Airbus agreed deals for 55 jets amid soaring demand for wide-body planes. "This transaction is further testament of sustained global demand for technologically advanced, fuel-efficient aircraft, and comes amidst the continuing strong recovery in air travel worldwide," SMBC CEO Peter Barrett said in a statement.

Persons: Sarah Meyssonnier, Peter Barrett, Padraic Halpin, Kirsten Donovan Organizations: Airbus, REUTERS, Rights, SMBC Aviation Capital, Nikkei, Boeing, Dubai Airshow, Japan's Sumitomo Corp, Sumitomo Mitsui Financial Group, Thomson Locations: Paris, Villepinte, France, Nikkei Asia

☆ The biggest moments at the Dubai Airshow, as Boeing beats Airbus, Emirates criticizes Rolls Royce, and Israeli companies' stands lay empty
▼ + stars: | 2023-11-20 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

Boeing beat Airbus in the orders tally after securing a $52 billion deal with Emirates on day one. The host nation's flag carrier made a $52 billion deal with Boeing on day one, before sparking tensions with Airbus and Rolls Royce. Boeing beats out Airbus in the orders battleBoeing got off to a hot start on Monday, announcing several deals. AdvertisementAs well as Emirates' order for 95 jets, the American manufacturer also called press conferences with SunExpress, flyDubai, Royal Jordanian, and Royal Air Maroc. As well as the smaller Emirates order, Airbus made deals with Ethopian Airlines, EgyptAir, and airBaltic.

Persons: —, Rolls Royce, Tim Clark, Royce Trent XWB, Yehia Zakaria, Christian Scherer, Pete Syme, Tony Douglas, @riyadhair, Peter Bellew, Rafael Organizations: Airbus, Royce, Boeing, Emirates, Service, Dubai Airshow, Rolls, Bloomberg, Reuters, Royal, Royal Air Maroc, Ethopian Airlines, Turkish Airlines, Anadolu Agency, Saudi, Riyadh Air, Boeing MAX, Paris Air, IAI, Dubai, Business, CNBC, Israel Defense Forces, United, United Nations Locations: Riyadh, Emirates, Royal Jordanian, Dubai, Israel, United Arab Emirates

☆ A top Democrat's indictment could be a game-changer for 2 troublesome allies seeking US fighter jets
▼ + stars: | 2023-11-19 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Menendez's removal could be a game-changer for two countries who have long sought US fighter jets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . His removal could be a game-changer for Egypt and Turkey — two important but vexing US allies — when it comes to buying modern US-made fighter jets to upgrade their air forces. Turkey's F-16 prospectsA Turkish F-16 during a NATO Air Policing mission out of Poland in August 2021. It has ordered 54 French-made Rafale multirole jets in a bid to, at least partially, diversify its overwhelmingly American-made fighter arsenal.

Persons: Sen, Bob Menendez, Menendez, —, Bob Menendez's, Turkey's, Cuneyt, Getty Images Menendez, Recep Tayyip Erdogan, Erdogan, Ben Cardin, Getty Images Cardin, Cardin, Ryan Bohl, RANE, Bohl, Frank McKenzie, Derek Seifert Cairo, Su, Paul Iddon Organizations: Foreign, Service, New, New Jersey Democrat, Senate Foreign Relations, NATO Air Policing, Anadolu Agency, Getty Images, Turkish, NATO, Turkish Air Force, East, Business, US Air Force KC, 135R, US Air Force, Getty, US Central Command, State Department, Air Force Locations: New Jersey, Egypt, Turkey, Turkish, Poland, NATO, coziness, Russia, Malbork, North Africa, Israel, Cairo, China, Dubai, United States, France

☆ Private jet version of Boeing’s 777X gets CelestialSTAR luxury cabin concept
▼ + stars: | 2023-11-17 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

That’s the centerpiece of Lufthansa Technik’s new cabin design for the upcoming BBJ 777-9 — the private jet version of Boeing’s new widebody aircraft, the 777X. “It’s a combination between a Middle Eastern touch and a very modern, sleek design,” says Hassan Gasim, a sales director at Lufthansa Technik. A Boeing 777-X performing a flight demonstration at the Dubai Airshow. They also come with high environmental costs, as private jets emit 10 times more pollutants than commercial planes per passenger. The Boeing 777X was one of the stars of the Dubai Airshow, where it performed a flight demonstration.

Persons: ”, Hassan Gasim, Gasim, it’s, we’ve, Giuseppe Cacace, Clemens Schrettl, Schrettl, Gary Crichlow, “, Syed Zaidi, Zaidi Organizations: CNN, Lufthansa, Boeing, Lufthansa Technik, Dubai Airshow, Technik, Getty, United, United Arab Emirates, Boeing Business Jet, Emirates airline, Airbus Locations: AFP, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab, Dubai

☆ Economics and nature square off in Dubai Airshow jet engine rift
▼ + stars: | 2023-11-17 | by ( Tim Hepher | ) www.reuters.com time to read: +5 min

The head of the world's largest international carrier was speaking in the midst of negotiations to buy dozens of Airbus A350-1000 jets powered by Rolls-Royce's XWB-97 engine, which have foundered for now over maintenance and pricing issues. I happen to be a service," Emirates President Tim Clark told reporters this week. INSURANCE-TYPE DEALSWhile the visible face of engine makers is technology, the way they generate much of their income resembles insurance. Rather than charge for repairs as they arise, engine makers increasingly strike long-term deals priced by the flight hour, agreeing to swallow the cost of planned and unexpected outages. To engine makers it means generating cash as soon as the engine enters service rather than waiting for shop visits.

Persons: Denis Balibouse, Tim Clark, Royce's, Larry Culp, Tufan Erginbilgic, Royce, Clark, Rolls, Nick Cunningham, Tim Hepher, Alexander Cornwell, Pesha Magid, Sarah Young, Rajesh Kumar Singh, David Evans Organizations: Boeing, Emirates, Cointrin Airport, REUTERS, Rights, Airlines, Royce, Airbus, GE Aerospace, Reuters, GE, Agency Partners, Thomson Locations: Cointrin, Geneva, Switzerland, Rights DUBAI, Dubai, India, Gulf

☆ UAE defense conglomerate Edge speaks about its latest technology
▼ + stars: | 2023-11-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAE defense conglomerate Edge speaks about its latest technologyFaisal Al Bannai, Edge Group chairman, speaks to CNBC's Dan Murphy at the Dubai Airshow.

Persons: Faisal Al Bannai, CNBC's Dan Murphy Organizations: UAE, Edge, Edge Group, Dubai Airshow

☆ Rolls-Royce shares at one-year high despite 'defective' engine jibes from Emirates boss
▼ + stars: | 2023-11-17 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

A Rolls Royce jet engine on display at the Rolls-Royce aircraft jet engine production and repair facility in Blankenfelde on February 28, 2023 near Berlin, Germany. The British aerospace and defense company's financial performance has been transformed, thanks to a turnaround plan led by its CEO Tufan Erginbilgic, who took the job in January. Its soaring stock price suggests that the markets have dismissed criticism of its jet engines by Emirates Airline President Tim Clark at the Dubai Airshow this week. The comments were directed at Rolls-Royce's Trent XWB-84 engines used on the Airbus A350-900 passenger jet. Rolls-Royce later pushed back against the criticism, saying in a statement that the A350-900′s XWB-84 engine "is the best engine out there when you look at efficiency, durability and reliability."

Persons: Royce, Tufan Erginbilgic, Tim Clark, Trent XWB, Clark, Ewen McDonald, Erginbilgic Organizations: Rolls Royce, Royce, Emirates, Airbus, Boeing, Deutsche Bank, Reuters Locations: Blankenfelde, Berlin, Germany, British, Dubai, Emirates

☆ Boeing bonanza leaves rival Airbus in the dust at 2023 Dubai Airshow with three times more aircraft orders
▼ + stars: | 2023-11-16 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Aermacchi MB-339 trainer aircraft of the Fursan al-Emarat (UAE Knights) aerobatics team release smoke as they fly over with an Emirates Airbus A380-861 jetliner aircraft during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on November 13, 2023. A Boeing 777-X aircraft flies during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai on November 13, 2023. Boeing orders 'exceeded investor expectations'Boeing's orders are already nearly three times as high as its total orders from the Dubai Airshow in 2021, and approaching the 356 orders in clinched at the 2023 Paris Airshow in June. Airbus's order figure of 86 aircraft is meanwhile significantly behind its 2023 Paris Airshow haul of 846 orders and 2021 Dubai Airshow total of 408. Prior to this week, the iconic American manufacturer hadn't enjoyed a winning performance at a Dubai Airshow since 2017.

Persons: Giuseppe Cacace, Giuseppe CACACE, GIUSEPPE CACACE, Cowen, SunExpress, EgyptAir, Tim Clark, Clark, Royce, hadn't Organizations: UAE Knights, Emirates Airbus, Maktoum International Airport, Afp, Getty Images, United Arab Emirates —, Boeing, Airbus, Royce, Emirates, Dubai, Getty, Ethiopian Airlines, Royal Jordanian, Royal Air Maroc, Air Baltic, Industry, Turkish Airlines, Turkish, Dubai Airshow, Max, RBC Capital Markets, RBC, Saudi Arabia's, Saudi Locations: Emarat, Dubai, Al, Maktoum, Getty Images DUBAI, United Arab, Emirates, East, West, Turkey, India, Saudi Arabia, AFP, widebodies, Istanbul, Paris, Riyadh Air

☆ Airbus nears compromise deal after Emirates jet order row
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

[1/2] The Airbus A350-1000 seen in the aerial display during the media preview of the Singapore Airshow in Singapore, February 13, 2022. Industry sources said the two sides were trying to secure a compromise deal involving a switch from the A350-1000, Airbus' largest twin-engined jet which has fallen under the spotlight over the amount of downtime needed in Gulf conditions. Rolls-Royce acknowledged its engine for the A350-1000 would need more servicing than Emirates would like, but denied Clark's suggestion that the engine was "defective". However, it would still leave questions over its ability to compete with Boeing's 777X in the busy Gulf wide-body market, they added. Reporting by Tim Hepher, Alexander Cornwell and Pesha Magid; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Caroline Chia, planemaker, Tim Clark, Tim Hepher, Alexander Cornwell, Pesha, Jan Harvey Organizations: Airbus, Singapore, REUTERS, Rights, Emirates, Royce, Dubai Airshow, Dubai, Boeing, Thomson Locations: Singapore, Rights DUBAI, Dubai, U.S

☆ Emirates, Ethiopian edge towards Airbus deals after Dubai talks
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: 1 min

[1/2] Emirates airliners are seen on the tarmac in a general view of Dubai International Airport in Dubai, United Arab Emirates January 13, 2021. Picture taken through a window. REUTERS/Abdel Hadi Ramahi/File Photo Acquire Licensing RightsDUBAI, Nov 15 (Reuters) - Emirates moved closer on Wednesday towards a potential agreement to buy dozens of Airbus (AIR.PA) A350-1000 jets after narrowing differences over performance and guarantees in talks with engine maker Rolls-Royce (RR.L), industry sources said. Ethiopian Airlines was set to announce an order for around 10 of the smaller A350-900 after talks with Rolls-Royce at the Dubai Airshow that focused on service pricing, they said. Reporting by Alexander Cornwell, Pesha Magid, Editing by Tim HepherOur Standards: The Thomson Reuters Trust Principles.

Persons: Abdel Hadi Ramahi, Royce, Alexander Cornwell, Pesha, Tim Hepher Organizations: Emirates, Dubai International, United Arab Emirates, Rights, Airbus, Royce, Ethiopian Airlines, Dubai Airshow, Thomson Locations: Dubai, United Arab, Rights DUBAI

☆ Israel's pavilion at the Dubai Airshow sits empty against backdrop of Gaza war
▼ + stars: | 2023-11-14 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

DUBAI, United Arab Emirates — Amid the bustle and footfall of thousands of visitors and exhibitors at the 2023 Dubai Airshow, one pavilion is notably empty: that of Israel. Two years later, and one month into Israel's war against Hamas in the Gaza Strip, the scene is unrecognizable. On the show's first day, the IAI pavilion was surrounded by a red cordon, which was removed by the second day. IAI and Elbit Systems did not reply to an emailed CNBC request for comment. CNBC contacted two representatives of Israeli defense firms that attended the airshow in 2021; they said they did not attend this year's show because they had been drafted into the country's military.

Persons: Abraham, Emiratis, Rafael, SIBAT Organizations: United Arab Emirates, Abraham Accords, United Arab, Hamas, Israel Aerospace Industries, Elbit Systems, Rafael Advanced Defense Systems Ltd, IAI, CNBC, Israel's International Defense Cooperation Directorate, Defense Locations: DUBAI, United Arab, Dubai, Israel, United Arab Emirates, Gulf, Gaza

Emirates airliners are seen on the tarmac in a general view of Dubai International Airport in Dubai, United Arab Emirates January 13, 2021. He told reporters Emirates would be prepared to order between 35 and 50 of the jets if Rolls-Royce improved both the durability and maintenance costs. Reuters reported on Monday that an order from Emirates for the largest version of the A350 appeared to be on hold over terms of engine guarantees with Rolls-Royce. With plans for an Emirates A350 order off the table for now, Airbus also saw a second major order from Turkish Airlines (THY) (THYAO.IS) slip off the show's agenda, industry sources said. Airbus said on Monday it had reached agreement "in principle" on a significant THY order.

Persons: Abdel Hadi Ramahi, Royce, Tim Clark, Christian Scherer, Trent XWB, Tim Hepher, Alexander Cornwell, Tom Hogue, Jason Neely Organizations: Emirates, Dubai International, United Arab Emirates, Rights, Airbus, Dubai, Boeing 777X, Royce, Reuters, GE, Boeing, Turkish Airlines, Thomson Locations: Dubai, United Arab, Rights DUBAI, Emirates, Egyptair, East, India

[1/2] Boeing Commercial Airplanes CEO Stanley Deal poses with Emirates airline COO Adel Al Redha and flyDubai CEO Ghaith Al Ghaith after Emirates airline and flyDubai placed orders at the Dubai Airshow for new aircraft from Boeing, in Dubai, United Arab Emirates, November 13, 2023. "Together these orders represent significant investments that reflect Dubai's commitment to the future of aviation," said Emirates and flyDubai Chairman Sheikh Ahmed bin Saeed Al Maktoum. In New York, Boeing shares rose 4.4% after the orders, which also included 45 narrow-body 737 MAX for German-Turkish airline SunExpress. LOWER BOOKINGSOther significant orders appeared to be in the works without being played out in public in Dubai. Saudi Arabia's newest airline Riyadh Air said it is still in talks with planemakers to place an order for narrow-body jets.

Persons: Stanley Deal, Adel Al Redha, Ghaith Al, Alexander, flyDubai, Sheikh Ahmed bin Saeed Al Maktoum, Joe Biden, Xi Jinping, Steven F, planemakers, Asharq, there's, Daniel Silke, Rafael, Tim Hepher, Alexander Cornwell, Pesha Magid, Valerie Insinna, Hugh Lawson, Lisa Shumaker, Navaratnam, Sharon Singleton Organizations: Boeing Commercial, Emirates, Dubai Airshow, Boeing, United Arab Emirates, REUTERS, Companies, Airbus, Turkish Airlines Airbus, Dubai, Aviation, SunExpress, Bloomberg, Industry, Air Lease Corp, Reuters, Turkish Airlines, Anadolu, Dubai . Saudi Arabia's, Riyadh Air, Saudia Airlines Group, Saudia Airline, Royal, Cape, Consultancy, rearm, Russia, Israel Aerospace Industries, IAI, Rafael Advanced Defense Systems, Thomson Locations: Ghaith Al Ghaith, Dubai, United Arab, DUBAI, Government, Emirates, New York, Turkish, UAE, Qatar, Saudi Arabia, Turkey, India, Gulf, Dubai . Saudi, Riyadh, Israel, Gaza, Cape Town, United States, rearm Ukraine

☆ Boeing shares take off on report that China may lift 737 freeze, bumper Dubai orders
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

Nov 13 (Reuters) - Shares of Boeing (BA.N) rose on Monday after a report said China was considering ending its freeze on purchases of the planemaker's best-selling 737 MAX aircraft after more than four years. This, coupled with bumper jet orders from Middle Eastern airlines at the Dubai Airshow, sent Boeing shares up 4%. China is considering resuming purchases of Boeing's 737 MAX aircraft when the U.S. and Chinese presidents meet this week at the APEC summit, Bloomberg News reported on Sunday, citing people familiar with the matter. Deliveries of Boeing's bestselling 737 MAX to Chinese airlines were halted following two deadly crashes. Boeing shares have underperformed S&P 500 in 2023Boeing shares were trading at $205.15, compared with analysts' current median price target of $250, according to LSEG data.

Persons: Thomas Hayes, Benoit Tessier, Hayes, Shivansh Tiwary, Ananya Mariam Rajesh, Shilpi Majumdar Organizations: Boeing, Dubai Airshow, APEC, Bloomberg, Paris, REUTERS, Emirates, Thomson Locations: China, Middle, U.S, Le Bourget, Paris, France, Dubai, Bengaluru

☆ Futures dip as focus shifts to economic data
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Brendan McDermid Acquire Licensing RightsSummaryCompanies Futures down: Dow 0.02%, S&P 0.17%, Nasdaq 0.22%Nov 13 (Reuters) - U.S. stock index futures edged lower on Monday as investors awaited economic data later this week that could shape expectations around how long the Federal Reserve will keep interest rates elevated. Investors will focus on a slew of economic data this week as well as speeches from Fed officials for signs on the trajectory of interest rates amid growing expectations that the Fed is done hiking borrowing costs. Inflation data on Tuesday is expected to show headline consumer prices eased to 3.3% in October from 3.7% in September. The major U.S. stock indexes have rebounded strongly this month, fueled by a stronger-than-expected earnings season and on hopes that U.S. interest rates are near their peak. ET, Dow e-minis were down 6 points, or 0.02%, S&P 500 e-minis were down 7.75 points, or 0.17%, and Nasdaq 100 e-minis were down 34.75 points, or 0.22%.

Persons: Brendan McDermid, jitters, Moody's, Fitch, Mike Johnson, Sruthi Shankar, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Federal Reserve, CPI, . House, Republican, Dow e, Boeing, Bloomberg News, APEC, Dubai's Emirates, Dubai Airshow, Micron Technology, Memory Technologies, U.S, Thomson Locations: New York City, U.S, China, Dubai, Bengaluru

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