In what could be the big-gest event of the 48th International Paris Air Show, Etihad Airways yesterday signed a deal worth $14 billion (Dh51bn) to power the new 100 (firm orders and options) Airbus and Boeing aircraft that it ordered at last year's Farnborough International Airshow.
The Abu Dhabi-based airline's deal with GE Aviation, Rolls-Royce, Engine Alliance and International Aero Engines comprise firm orders for 239 engines and 19 spares, valued at $7bn at list prices, including maintenance contracts.
"If all options and purchase rights are exercised, the total number of engines will be 469, at a list price value of more than $14bn, including maintenance contracts. This represents the largest engine order in commercial aviation history," Etihad said yesterday.
The Etihad's $43bn deal at the Farnborough air show in July last year included 100 firm aircraft orders and options and purchase rights for a further 105, which will be delivered between 2011 and 2020. The airline confirmed at the time that the 25 A350 aircraft ordered would be powered by Rolls-Royce Trent XWB engines and the 10 Boeing 777s by GE90 engines.
James Hogan, CEO of Etihad Airways, said: "Despite the tough economic challenges, Etihad continues to roll out its long-term expansion plans."
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