Gulf carriers largely unaffected by Boeing delay

2008-4-12

State-owned Dubai Aerospace Enterprise (DAE) said on Thursday its order for Boeing Co 787 aircraft is unaffected by a production delay because delivery is not due until 2016.

Boeing announced the third major delay for the plane on Wednesday, promising first delivery in the third quarter of 2009, over a year after the original target of May this year, with an indefinite delay for a short-range model favoured by the Japanese carriers.

"DAE Capital is not impacted by the delay in the delivery schedule of the B 787s," DAE unit CEO Bob Genise said in a statement carried by newswire Reuters.

Source: arabianbusiness.com
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