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UAE contractors' order backlog hits two-year highUAE contractors have witnessed a robust growth in their order backlog over the last three quarters, with the backlog growing to a fresh two-year high of Dh27 billion in Q4, 2012, a report said. More… |
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Bahrain vows action to end violationsBahrain's government has vowed to take action to put an end to violations, incitement and calls to break the law in the kingdom and to take steps to maintain security and stability. Chairing More… |
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Jumbo confirms big heavy lift vessel orderJumbo Shipping, a market leader in oversized and heavyweight cargo transportation, has confirmed the order for a second new K-class vessel, with an option on a third, to complement its existing fleet. Jumbo said after careful conside More… |
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Bombardier wins $309m PrivatAir jet ordersBombardier Aerospace said Geneva-based PrivatAir has placed a firm order for five CS100 airliners at the ongoing Bahrain International Airshow and has taken options on an additional five CS100 aircraft. Based on the list price for the CS10 More… |
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Boeing wins $21.7bn Indonesia plane orderThe United States announced a massive order for Boeing jets from Indonesia's largest domestic airline, Lion Air, to be showcased as US President Barack Obama winds up an Asia-Pacific tour. The sale of 230 short-haul 737 jets, worth $21 More… |
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Air France-KLM splits $12bn jet orderAir France-KLM has split a $12 billion order for long-range jets following a year-long competition, announcing plans to buy 25 Boeing 787 Dreamliners and 25 Airbus A350s. The move is part of a plan to renew the fleet of Europe's largest ai More… |
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ABB wins $17m Saudi substation orderABB, the leading power and automation technology group, has won an order worth about $17 million from Hanwha Engineering & Construction Corp of Korea to extend an existing substation at the Yanbu power plant in Saudi Arabia. Yanbu, is More… |
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Dubai firm cancels order for 35 Boeing 737sLeasing company Dubai Aerospace Industries has cancelled an order for 35 Boeing Co 737 narrowbodies, the planemaker said in its weekly order book update. The planes are valued at $2.8 billion, according to Boeing's list prices. Th More… |
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Airbus wins $890m Saudi Airlines orderEuropean planemaker Airbus won an order from Saudi Arabian Airlines for four additional A330-300 wide-body aircraft, taking the carrier's total order for the plane to 12. The order, announced at the Paris Air Show on Monday, is worth $ More… |
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Emirates places $11bn order for Airbus A380sDubai's Emirates, the Arab world's largest airline, has placed an $11 billion order for 32 A380 jets from EADS's Airbus unit, the biggest ever for the company's superjumbo passenger plane. The vote of confidence came as EAD More… |
