emirates announces 16 bn deal
Last Updated : GMT 11:59:16
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 11:59:16
Egypt Today, egypt today

For 36 A380s

Emirates announces $16 bn deal

Egypt Today, egypt today

Egypt Today, egypt today Emirates announces $16 bn deal

Emirates is already the world's biggest customer for the A380
Dubai - Egypt 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

egypttoday
egypttoday

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



Egypt Today, egypt today Modern colorful bedroom renovation

GMT 12:15 2017 Thursday ,21 December

Modern colorful bedroom renovation
Egypt Today, egypt today Paris Fashion Week: John Galliano goes co-ed on the catwalk
Egypt Today, egypt today For the Variety of Interior Design Styles

GMT 22:35 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 05:01 2017 Monday ,01 May

OMR250m Oman resort agreement signed

GMT 10:43 2017 Sunday ,29 October

SCORPIO (October24th-November22nd)

GMT 04:58 2017 Monday ,27 February

Meryl Streep accuses Lagerfeld of spoiling her Oscars

GMT 20:00 2014 Tuesday ,01 July

March 20 - April 19

GMT 09:48 2012 Thursday ,13 September

Revolution, the Everlasting Carrel tissue

GMT 09:36 2017 Sunday ,17 December

From coral atolls encircling lagoons

GMT 15:53 2011 Wednesday ,15 June

Style spotlight on Alessandra Rich

GMT 08:02 2017 Wednesday ,13 December

Madbouly says gov't keen on promoting coop

GMT 03:26 2017 Friday ,10 March

International Women’s Day is opportunity

GMT 18:51 2011 Tuesday ,10 May

Landslide kills 5 in china

GMT 18:36 2014 Tuesday ,11 February

Jewellery brand Darya London launches & appoints PR

GMT 18:11 2011 Wednesday ,23 February

Renewed call for \'Jasmine rallies\' in China

GMT 06:13 2017 Sunday ,12 March

Boucheron opens first boutique in Riyadh

GMT 16:34 2014 Thursday ,06 March

Chinti and Parker launches menswear

GMT 19:46 2017 Thursday ,09 March

Telecom operators push for united front on 5G
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt 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 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday