Dubai airshow brings billions in business deals
Industry professionals are hoping that Dubai Airshow 2011 will kick start ailing industry.
Published On 13 Nov 2011
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Aviation professionals are hoping that this week’s Dubai Air Show will help kick start the struggling industry.
Plagued by high oil prices, a declining demand in Europe and a lack of new talent, airlines across the globe are finding it hard to stay afloat.
However, insiders hope that Dubai’s recent order of 50 Boeing 777 jets, at a cost of $26bn, is a sign that the situation is changing course.
Al Jazeera’s Kamahl Santamaria reports from Dubai.
Source: Al Jazeera