...High oil prices are fueling one of the biggest transfers of wealth in history. Oil consumers are paying $4 billion to $5 billion more for crude oil every day than they did just five years ago, pumping more than $2 trillion into the coffers of oil companies and oil-producing nations this year alone....MOREReally?
Gulf airlines on shopping spree at Dubai air show
Boeing Wins $13.7 Billion Order From Dubai Aerospace
Airbus Targets Record Annual Orders After Dubai Boost
Airbus SAS, the world's biggest planemaker, forecast record orders this year, putting it on course to beat Boeing Co., after securing more than $50 billion of commitments at the Dubai Air Show.
From Aviation Week
Qatar 787 Order Signals Long-Term Commitment
From Dow Jones via CNN Money:
GE: Engine Alliance-Emirates Pact Valued Up To $3 Billion Total
From the Courier-Mail (AU):
Saudi prince buys himself a private A380 superjumbo
From the AP:
Saudi Prince Buying 'Flying Palace' Jet
In the annals of excess, it could be a new high: a more than $300 million dollar, super-sized luxury airplane, bought and outfitted solely for the private comfort of a Saudi Arabian billionaire.
Once done, the Airbus A380, the world's biggest passenger plane, will be a "flying palace" for Prince Alwaleed bin Talal, the manufacturer announced Monday.
Airbus SAS would not give a specific price tag for the VIP double-decker jet, with its football field-length wings, saying only that it would cost more than the aircraft's list price of $320 million....MORE
VIP Edition 787 Dreamliner Still Kicks Airbus' Butt With Style
Last word, from Gizmodo (click here for more pics.):
Click on thumbnails