Dubai's aerospace bazaar flies

16 November 2001

The 7th Dubai International Aerospace Exhibition got off to a flying start on 4 November with flag carrier Emiratesannouncing aircraft orders worth some $15,000 million. A further $1,500 million in new contracts were signed during the course of the week, as more than 10,000 visitors perused some of the latest developments in civil and defence aviation.

Emirates signed contracts with Europe's Airbus Industrieand The Boeing Companyof the US worth $15,000 million in total for the supply of new commercial aircraft (MEED 16:11:01, Cover Story).

Airbus and Emirates signed a $30 million joint venture agreement to establish a spares and maintenance centre in Dubai (see below).

The UK's Rolls Roycesigned a $475 million contract to supply Emirates with its Trent 500 and 700 jet engines to power the new Airbus A340s and A330-200s.

Canada's CAE signed a $100 million contract with Algeria's Khalifa Airwaysto supply the airline with four of its flight simulators, with support equipment and services.

Rolls Royce announced plans to open a new regional office in Dubai's industrial free zone to support its civil aerospace, defence, marine and energy businesses in the region.

CAE signed a joint venture agreement with Emirates to establish a new training service in Dubai.

A grouping of Canada's Bombardier, with Swiss-based ExecuJet Aviation Groupand Dubai-based Alpha 55 - Advanced Technology Divisionannounced plans to establish a 2,600-square-metre support facility for Bombardier business jets operating in the region.

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