Last week, in the lead-up to the biennial Dubai Airshow, rumors circulated that Middle Eastern airline giant Emirates was closing in on a repeat order for Airbus‘ (NASDAQOTH: EADSY) A380 jumbo jet.
Instead, Boeing (NYSE: BA) was the big winner on the first day of the Dubai Airshow, as Emirates committed to buy Boeing’s largest Dreamliner model: the 787-10. Meanwhile, Airbus came up empty, as Emirates is demanding a guarantee that A380 production will continue for at least 10 more years as a precondition of placing a new order.