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Airbus, Vietjet announce deal for 30 planes at Dubai Airshow

VIETJET and AIRBUS: Vietnamese carrier Vietjet signed a deal with Airbus at the show on Tuesday to buy 30 single-aisle A321 planes worth a total of $3.6 billion.

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The Dubai Airshow, which runs until Thursday, is taking place at the emirate’s newest airport, the Al Maktoum global.

At the last Dubai Airshow, Emirates Airline, Eithad, and Qatar Airways led the way in ordering a record number of aircraft.

Commenting on the deal, Naresh Goyal, chairman of Jet Airways, says: “This order is an endorsement of our confidence in the long-term prospects of the Indian aviation sector, which reflects the positive forecast for the country’s economy and offers tremendous potential for growth and development”.

Airbus is putting the finishing touches to a deal with Vietnam’s VietJet for a top-up order of A320-family jets, industry sources said.

Though Jet Airways declined to release the cost of the deal, Boeing lists on its website the price of the 737 Max 8 aircraft at $110 million each.

Elsewhere at the Dubai Airshow, the UAE Air Force unveiled a deal with Swedish aerospace firm Saab worth $1.27 billion.

Airbus Chief Operating Officer for Customers John Leahy, left, and Bob Lange, Vice President of Marketing hold a press conference during the second day of the Dubai Airshow in Dubai, United Arab Emirates, Monday, November 9, 2015.

In addition, national carrier Emirates announced the signing of a $16 billion OnPointSM solution agreement with GE Aviation for the maintenance, fix and overhaul (MRO) of the GE9X engines that will power the airline’s fleet of 150 Boeing 777X aircraft over a period of 12 years. The carrier, partly owned by Etihad Airways, has a fleet of 115 aircraft.

The two companies announced the deal for nine new A321ceos and 21 new A321neos on Tuesday. The additional freighters are valued at $637m at list prices.

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“Since 1996, Lockheed Martin has provided the Kingdom of Saudi Arabia with its most advanced sensor systems, including Sniper ATP, LANTIRN ER and IRST”, said Paul Lemmo, vice-president of fire control/SOF CLSS at Lockheed Martin Missiles and Fire Control, in a statement.

A Boeing employee checks out a GE Avition engine for a 777