emirates announces 16 bn deal
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

for 36 A380s

Emirates announces $16 bn deal

Arab Today, arab today

Arab Today, arab today Emirates announces $16 bn deal

The order comes just days after Airbus on the future of the A-380.
Dubai - Arab Today

Emirates Airlines said Thursday it has struck a $16 billion deal to buy 36 Airbus A380 superjumbos just days after the European manufacturer said it would have to halt production without new orders.

The company said it had placed firm orders for 20 of the double-decker aircraft with options for a further 16. Deliveries are scheduled to start in 2020.

Emirates is already the world's biggest customer for the A380 with 101 in its fleet and 41 more firm orders previously placed.

The Dubai-based airline said that with the new order it will have commitments for a total of 178 A380s worth $60 billion.

The deal was expected to be signed during the Dubai Airshow in November but was delayed without any explanation amid reports of tough negotiations.

Instead, Emirates inked a deal to buy 40 Boeing Dreamliners for more than $15 billion.

Airbus's decision in 2007 to pursue the A380, capable of packing in 853 seats, was diametrically opposed to Boeing's bet on the Dreamliner, marketed as a more efficient plane that could be used for both medium and long-distance flights.

But the economics of the A380 have proved daunting, with airlines having to fly every flight at full capacity in order to make a profit.

Airbus warned on Monday that it might have to end production of the A380, having booked no new orders for the plane in two years.

It said it regarded Emirates as the only airline with the capacity to place an order of the size required to keep production going.

"We’ve made no secret of the fact that the A380 has been a success for Emirates," the airline's chairman and CEO Sheikh Ahmed bin Saeed Al-Maktoum said.

"Our customers love it, and we’ve been able to deploy it on different missions across our network, giving us flexibility in terms of range and passenger mix."

Emirates operates a fleet of 269 wide-bodied aircraft and flies to 157 destinations.

 

Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

emirates announces 16 bn deal emirates announces 16 bn deal

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

emirates announces 16 bn deal emirates announces 16 bn deal

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 14:46 2017 Monday ,30 January

4281 tourists visit Saint Catherine

GMT 11:24 2017 Thursday ,06 April

Dora is absent from Ramadan Dramas

GMT 23:53 2017 Friday ,06 October

Saudi Arabia condemns terrorist blast in Bahrain

GMT 16:37 2017 Saturday ,08 July

Qatar Airways cancels 4 Airbus A350 orders

GMT 03:13 2017 Monday ,17 July

China says economy grew 6.9% in second quarter

GMT 14:47 2017 Monday ,09 January

Police arrest 16 in France over Kardashian robbery

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 02:50 2016 Thursday ,22 December

Occupation Forces Arrest 14 Palestinians in West Bank

GMT 16:47 2017 Wednesday ,29 March

Asala feels more nostalgic for Syria

GMT 12:38 2017 Friday ,31 March

Mild, cloudy weather in Bahrain on Friday

GMT 08:48 2013 Wednesday ,04 September

Kardashian\'s blond hair

GMT 20:49 2016 Friday ,09 September

New film shows Beatlemania strain on Fab Four

GMT 03:21 2017 Wednesday ,27 December

Brigitte Bardot, announcing book, slams Macron
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday