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Gulf airlines splash out at Dubai Airshow

Day One sees over US$150b in deals; response to Boeing's new jet 'astounding'

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Big spender: Dubai-based Emirates led the buying spree with an order for 150 of Boeing's new 777 mini-jumbo, worth US$76 billion at list prices, and for 50 Airbus A380s worth US$23 billion. - PHOTO: BLOOMBERG

[DUBAI] Gulf airlines splashed out over US$150 billion on new plane deals on day one of the Dubai Airshow, underscoring a shift in power in the aviation industry and giving a boost to the formal launch of Boeing's newest jet, as well as to Airbus's A380 superjumbo. Under hazy skies, sheikhs and