Emirates fleet

Boeing claimed victory on July 19 after outselling rival Airbus at the Farnborough Airshow, where the world's largest planemakers repeated last year's comparable haul of around 900 orders with the help of leasing industry demand.

Emirates Airlines has signed a $ 16 billion deal for the purchase of 36 Airbus A380 aircrafts a few days after the European company reported that due to lack of orders it could stop producing those machines.

The company announced they have received rigid orders for 20 of the big planes with options for 16 more. Deliveries are scheduled to begin in 2020, reported BGNews.

The Middle East’s largest airline, Emirates, announced Jan. 18 it struck a deal with Airbus to purchase 20 A380 aircraft with the option to buy 16 more in a deal worth $16 billion, throwing a lifeline to the European-made double-decker jumbo jets.

Turkish airline Pegasus said on Dec. 21 it will exercise its purchase option for 25 additional aircraft under an order placed with Airbus in July 2012 for a total of 100 new planes.

Delta Air Lines announced on Dec. 14 that it has ordered 100 Airbus planes with an option to buy 100 more, in a blow to Airbus’ American rival Boeing.

Europe's largest twin-engined passenger jet, the Airbus A350-1000, took to the skies for the first time on Nov. 24, seeking to grab the spotlight from Boeing's popular 777.

Iran has invited U.S. plane manufacturer Boeing for talks on modernizing its fleet, Transport Minister Abbas Akhoundi said March 3, weeks after Tehran's nuclear deal took effect.

The Dubai Airshow took off yesterday to a slow start amid expectations for a record low in sales as the Gulf's main airlines have already placed large orders with major manufacturers.

"Due to large previous orders, the total show order tally this year will be much less than years prior," said Ben Moores, senior analyst at IHS Aerospace, Defense & Security.

U.S. planemaker Boeing Co said on June 18 it won orders and commitments for 331 aircraft worth $50.2 billion at this week's Paris Airshow, compared with the 421 aircraft tally worth $57 billion notched up by European rival Airbus.

Planemaker Airbus increased its 20-year forecast for jet demand by nearly 4 percent on June 15, driven by growth in emerging markets in the Asia-Pacific region and China.

Airbus sees demand for 32,600 new planes worth nearly $5 trillion, up from a previous forecast in September for 31,358 planes worth $4.6 trillion, it said at the Paris Airshow.