20080113

Priority Travel News: Gulf Air Orders 16 Boeing 787s for $4B

DUBAI, United Arab Emirates — Bahrain-based airline Gulf Air has ordered 16 of Boeing Co.'s new 787 Dreamliners valued at around $4 billion dollars, with an option for eight more, an airline official said Sunday.
"The deal is worth $4 billion at list prices but would rise to $6 billion if we include the options," said Adnan Malek, a spokesman for Gulf Air.
The struggling carrier said in November at the Dubai air show that it was planning to renew its entire fleet and looking to order up to 35 planes. Full Story - Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News