The Boeing operator says that 2023 is the year of extensive orders

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A Boeing 777x is displayed at the Paris International Air Show at ParisLe Bourget Airport, on June 20, 2023.

Geoffrey Van Der Hasselt | AFP| Getty Images

Stan Deal, CEO of commercial aircraft at Boeingsays 2023 has been a year of orders for widebody aircraft with the US manufacturer expected to announce more deals at this week’s Dubai Air Show.

“We’ve had a strong recovery in the narrow body order in 2022 and now in 2023 it looks like it’s going to be the year of wide orders, and I suspect as you see this show that ‘extended, you are going to see much more extensive. -body orders for the industry,” Deal, who is also Boeing’s executive vice president, told CNBC’s Dan Murphy.

Later on Monday, Boeing and Emirates agreed on a large order of 777 jets, adding to the Emirati flag carrier’s existing order of 155 777X aircraft from Boeing.

Earlier this year, Saudi flag carrier Saudia and the newly founded Riyadh Air booked orders for 39 of Boeing’s 787 Dreamliner jets, and Deal believes demand from the Gulf will continue to grow rapidly.

Boeing CEO: This is the year of wide-body orders

The Dubai Air Show began on Monday, and Deal confirmed that active discussions are underway with several Gulf carriers.

“This is a unique region in the geography it represents. Within an eight-hour flight, you have access to 80% of the world’s population, and we predicting over the next 20 years that about 3,000 aircraft will be needed for this area,” said Deal.

“This sector tends to move towards body wide order demand – that has been a particular feature because they are a connected world – so in orders you saw last year from Saudia and Riyadh Air ordering 787s, that was kind of the start it seems like it’s order time for us now.”

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