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Etihad order to kickstart $50b Gulf jet spree

Etihad Airways, the national airline of the UAE, is close to placing an order that could kick off a $50 billion jet-buying spree from the Gulf as the region’s carriers flex their muscles in an industry hit by weak margins and high fuel prices.

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Japan Airlines orders 31 Airbus planes

Airbus on Monday announced a $9.5 billion deal with Japan Airlines, its first jet order from the carrier that challenges rival Boeing’s dominance in the Japanese market as it struggles with the troubled Dreamliner.

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