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| Wednesday, 21 July 2004 |
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Business in brief Emirates makes $2.96 billion order Emirates has placed firm orders for four Boeing 777-300ER aircraft with nine options. The 13 aircraft have a list price value of US$2.96 billion. The contract was signed by Emirates' Chairman Sheikh Ahmed bin Saeed Al Maktoum and Boeing's President and CEO Alan Mulally at the Farnborough Air Show in the UK. Maurice Flanagan, Emirates' Vice Chairman and Group President, Tim Clark, President Emirates Airline and Ghaith Al Ghaith, Emirates' Executive Vice President Commercial Operations Worldwide were present. The four aircraft will be delivered during 2006. They will be configured in First, Business and Economy cabins with 12, 42 and 310 seats. The remaining nine are covered by purchase rights that extend through 2012. Sheikh Ahmed said: "The 777 has proved to be an excellent aircraft for Emirates, and is extremely popular with our passengers, cargo customers and crew. Indices record gains The bullish sentiment at the Colombo Bourse continued yesterday with all indices recording gains. There was profit taking in the middle of trading . The market also reacted positively towards peaceful sittings in parliament yesterday. The All Share Index increased to 1,396.31 points from 1,391.42 on Monday while the Milanka Price Index jumped to 2,110.42 points from 2,101.39. The turnover for the day was Rs 498,375,562 . |
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