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Abu Dhabi-based carrier to order 5 jets from Boeing.
Knight Ridder/Tribune Business News, September, 2004
By David Bowermaster, The Seattle Times Knight Ridder/Tribune Business News
Sep. 11--Boeing scored a modest but strategically significant victory in the Middle East yesterday when it announced that Etihad Airways intends to order five 777-300ER wide-body jets.
A final contract with the Abu Dhabi-based carrier has not been signed, but a Boeing spokesman said the company expects to conclude detailed negotiations in the next four to six weeks.
The 777-300ER is Boeing's newest and most expensive jet, with a catalog price of $218 million to $245.5 million. The Etihad order could be worth more than $1.2 billion at those prices, although discounts on large orders are routine.
Etihad, which is the national airline of the United Arab...
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