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Boeing orders in Dubai boost lead over Airbus

22nd Nov 2005, 09:06 GMT

By Jason Neely and Heba Kandil DUBAI, United Arab Emirates - Boeing Co. on Monday revealed the first leasing company buyers for its 787 Dreamliner jet, further boosting its lead over rival Airbus and sending its shares to a 4 1/2-year high. The stock was the top gainer on the Dow Jones Industrial Average and accounted for 18.6 points of the blue-chip index's 20.8-point rise. The deals bolstered Boeing's lead for the Dubai Air Show where they were announced. They are also the latest sign of a boom for the two biggest aircraft makers as airlines seek more fuel-efficient models.

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