Gulf Airlines Show Spending Power - Presented by: The Aol. On Network

They built a new venue to host the Dubai air show - a sign perhaps of the increasing importance of Gulf airlines. While European and US firms struggle with high fuel prices and weak margins - the Gulf's big players keep spending. $150 billion was spent on the first day of the show - much of it going to Boeing as Emirates, Etihad and Qatar Airways ordered new 777s. Boeing's CEO and Chairman Jim McNerney.



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