The two aircraft manufacturers Airbus and Boeing have received new major orders. This is how the company’s shares react.

The airline Emirates once again fobbed off the world’s largest aircraft manufacturer Airbu with a rather small order at the trade fair in Dubai. Instead of the major order for the largest Airbus model, the A350-1000, which was expected two years ago, the state airline only placed an order for eight machines in the standard A350-900 version on Wednesday.

On Monday, Emirates boss Tim Clark ordered a further 65 wide-body 777X jets from Airbus rival Boeing. Boeing recently had to postpone the first delivery of the model again and is now seven years behind the original plan.

According to list prices, the eight Airbus A350-900s that have now been ordered have a total value of 3.4 billion US dollars (2.9 billion euros), as Emirates also announced. However, large discounts are common for large aircraft orders.

Emirates boss Clark recently stated that he was not interested in the Airbus A350-1000 because its engines did not meet his requirements. Two years ago he had already criticized the drives as being too maintenance-intensive and publicly lambasted their manufacturer, Rolls-Royce. Even then, he ordered a large number of aircraft from Boeing and only ordered 15 copies of the Airbus A350-900. This type uses a different variant of Rolls-Royce engines.

Flydubai orders another 75 Boeing jets

One day after its major order for Airbus, the Arab low-cost airline Flydubai is also purchasing from its regular supplier Boeing. The state airline has now signed a preliminary contract for 75 medium-haul 737 Max jets, as it announced on Wednesday at the air trade fair in Dubai. There are also purchase options for 75 additional machines.

According to the list prices, the firmly ordered jets are worth 13 billion US dollars (11.2 billion euros). However, deep discounts are common when purchasing aircraft, especially for large orders or models that are in low demand.

On Tuesday, Flydubai ordered aircraft from the world’s largest manufacturer Airbus for the first time – 150 A321neo aircraft. So far, the state-owned low-cost airline of the Arab Emirate of Dubai has operated an all-Boeing fleet.

In XETRA trading, Airbus shares lost 0.15 percent to 203.90 euros. Bpeing stocks temporarily rose 0.56 percent to 190.70 euros on the NYSE premarket.

DUBAI (dpa-AFX)

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