Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Iraq unveils aircraft contracts

|
|
 
  
Published: April 2, 2008 at 5:55 PM

BAGHDAD, April 2 (UPI) -- Iraq announced two high-priced deals with U.S. and Canadian aircraft manufacturers to buy several new aircraft.

The spokesman for the Iraqi government, Ali al-Dabbagh, said the Iraqi government signed a $5.5 billion deal with U.S.-based Boeing to purchase 40 new airplanes with an option to buy 15 more, Voices of Iraq reported.

Dabbagh noted the government reached a smaller $400 million deal with the Canadian manufacturer, Bombardier, to buy 10 passenger planes.

Delivery of the planes starts this year, Dabbagh said, and would continue through 2019.

The Iraqi government initiated a $5 billion spending measure to boost reconstruction and investment projects in the country.

"The funding for the ... budget was earned from the rise in raw oil prices in the global markets," the spokesman said.

Topics: Ali al-Dabbagh
© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
Protesters, police clash at NATO summit Notable deaths of 2012 2012 Billboard Music Awards
The 137th Preakness Stakes Annual Solar eclipse occurs in U.S. Chen Guangcheng arrives in the U.S.
Additional Special Reports Stories
1 of 29
Members of the Army's Old Guard place flags at Arlington National Ceremtery
View Caption
U.S. flags are seen in the rucksack of a soldier with the Army's 3d U.S. Infantry Regiment, The Old Guard, as he places flags at gravesites in Arlington National Cemetery as part of the Flags-In Memorial Day ceremony on May 24, 2012 in Arlington, Virginia. American flags were placed at each of the more than 220,000 grave markers in honor of those who served and Memorial Day. UPI/Kevin Dietshc
fark
Police officer breaks into neighbor's home to do laundry. Fails to make a clean getaway
Florida saved 61 children from death by abuse and neglect.... by narrowing its definitions of abuse...
I have no idea what you're talking about, here's a senior citizen in a chair floating above the...
Memorial Day: how it's changed, and why some people think it should not be part of a three-day weekend...
Born in Malaysia in 1923, after 3 years as a Japanese POW during WWII, 3 years fighting for the...
The eyes, the giant EYES..... GAAAAH