25 November 2011
Chicago-based Boeing has announced an orderto sell 50 Boeing 777 jets for $18bn, with
an option for a further 20 planes, to Dubai-based Emirates Airlines.
CEO Tim Clark told Reuters that: "We stillhave the Islamic finance market to go with" adding that a Sukuk was "not out ofthe question".
Contacted by The Islamic Globe, aspokesperson for Boeing Capital Corporation declined to say whether they wouldbe involved in financing the purchase, citing company policy that they do notdiscuss individual airline's financing arrangements.
Emirates had not responded to request forcomments by the time we went to press.
© The Islamic Globe 2011
