As the aviation industry continues to face critical challenges amidst rising costs and increased global political and economic volatility, the focus shifts to the Middle East. The gulf carriers such as Emirates, flydubai and Etihad Airways continue to challenge the dominance of the legacy airlines and this year was no exception. Despite the backdrop of the Qatar blockade, the Dubai Air Show 2017 was a successful event for the world’s leading aircraft manufacturers with a total of 838 commitments placed during the event. Amongst them, 82 firm orders with five options were placed along with, 675 Memorandums of Understanding (MoU) with 52 options and 12 Letters of Intent (LoI) with 12 options.
The narrowbody aircraft segment dominated the aircraft orders breakdown, obtaining 93.1% of the share, through the Airbus A320neo, Boeing 737 MAX and Bombardier CSeries families. This was followed by the widebody segment, through orders of the Boeing 787-8/-10 and Airbus A330neo obtaining 6.0% of the share. This was followed by the freighter segment with orders for the Boeing 777F and possibly 747-8F accounting for 0.7% of the share. The Regional jet segment failed to achieve any orders.
IBA’s Mike Yeomans, Head Analyst – Commercial Aircraft & Leasing and Lewis Leslie, Aviation Analyst, produced an overview of the show. To read the full report click on the link below.Download PDF