We have Jimmy Buffett not banked totally on the

Posted by Admin· Print This Article

"We have studies jimmy buffets not banked he went to paris buffett spells out totally on the 787 and do have anagreement with Airbus ... We will not be hassling our supplier,there is compensation and we are discussing the schedule." Rais declined to say how much the airline would receive incompensation. Rival Airbus, a unit of European aerospace group EADS(EAD.PA), was forced to pay hundreds of millions in dollars incompensation after its A380 superjumbo fell two years behindschedule Now Boeing may face similar claims from carriers. SLOW DELIVERIES More than 50 airlines are waiting for 892 Boeing 787s, wortha combined $145 billion at list prices The 787 has been held upas the U.S. plane maker makes slow progress on assembling planesand struggles with other delays. On Sunday, Rais told reporters the carrier expected toreceive its A380 orders by 2011 to coincide with the opening ofa new airport. The airline has ordered five of the world'slargest passenger plane from Airbus.

Qatar Airways, which begins flights to Houston on March 30to tap into the U.S jimmy bufett . energy hub's close links with the world'slargest exporter of liquefied natural gas, expects to receive atleast 12 Boeing 777s in 2009, Rais said come monday buffett . Rais said it had become a "tougher market" for financing,but the airline had sovereign guarantees and a consortium ofbanks that were supporting it trip around the sun buffett . In December, the carrier, which is looking to expand to atleast 120 destinations from 83 at present within five years,raised $500 million to purchase three Boeing 777 license to chill buffett .

The airline is looking at passenger growth of as much as 35percent this year despite the global financial crisis as itlooks to focus its expansion into Asia, Africa and the MiddleEast . "There has been a drop in Europe, but we still have the restof the world . buffett tour . we are able to redesign our strategy," Raissaid buffett margarita . Rais said the airline has not bid for Greece's loss-makingstate-owned Olympic Airlines and was not looking to expandthrough acquisitions . "We have never been interested in taking any other airlineor any other ventures," he said "We never bid for it... ourfocus is Qatar Airways." Greece said last year Qatar Airways was among companies thathad expressed an interest in buying Olympic. (Writing by Amran Abocar; Editing by Anshuman Daga and DavidCowell) Stocks.