Etihad signs for 205 new planes

[Gerald A]

Etihad signs for 205 new planes
Ivan Gale

Last Updated: July 14. 2008 11:52PM UAE / July 14. 2008 7:52PM GMT



Etihad Airways placed one of the largest aircraft orders in the history of civil aviation yesterday – up to 205 aircraft in the next two decades for a list price of US$43 billion (Dh157.94bn).




Link http://www.thenational.ae/article/20080714/BUSINESS/832805207/-1/NEWS

[Olle Q]

The Etihad order included a commitment with Airbus for 55 aircraft, comprising 20 narrow-bodied A320s, 25 of the mid-sized A350s, and 10 of the double-decker A380 Superjumbos. The A350s will feature engines by Rolls-Royce in a deal worth $2.1bn at list prices.

Etihad also secured options and purchase rights on 55 more planes with Airbus, including 10 more A380s. This will allow it to expedite the purchase of the additional planes when it sees higher demand. The value of the Airbus order was roughly $23 bn, even though bulk aircraft purchases are typically sold with discounts to the list price.
Etihad also ordered 45 aircraft from Boeing, placing commitments for 35 of the new 787 Dreamliners, plus 10 777-300ERs, an aircraft already in use by Etihad for long-haul flights to Asia. GE has been selected as the engine supplier for the 777s.

Etihad secured options and rights to purchase another 50 Boeing planes. The entire Boeing aircraft order is valued at roughly $20bn at list prices.