Dubai airshow brings billions in business deals

Industry professionals are hoping that Dubai Airshow 2011 will kick start ailing industry.

Aviation professionals are hoping that this week’s Dubai Air Show will help kick start the struggling industry.

Plagued by high oil prices, a declining demand in Europe and a lack of new talent, airlines across the globe are finding it hard to stay afloat.

However, insiders hope that Dubai’s recent order of 50 Boeing 777 jets, at a cost of $26bn, is a sign that the situation is changing course.

Al Jazeera’s Kamahl Santamaria reports from Dubai.

Source: Al Jazeera

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