Thursday , October 29 2020

Airbus signs a EUR 14.5 billion mega deal with Emirates



The contract includes the purchase of 50 Airbus A350-900 aircraft.

through Le Figaro from AFP

"I am very proud that the Airbus 350 was chosen by Emirates. This is very good news for Airbus, "said Guillaume Faury, Airbus CEO.
"I am very proud that Airbus 350 was chosen by Emirates. This is very good news for AirbusSaid Guillaume Faury, Airbus CEO. Martin BERNETTI / AFP

Emirates, the largest airline in the Middle East, has signed a contract worth EUR 14.5 billion for the purchase of 50 Airbus 350-900, announced its president on Monday, Sheikh Ahmed bin Said Al-Maktoum.

"I am happy to announce the purchase of 50 Airbus (350-900) for $ 16 billion. " said the CEO of the press at the Dubai Airshow International Air Show, which took place since Sunday in the Emirate. "I am very proud that Airbus 350 was chosen by Emirates. This is very good news for AirbusSaid Guillaume Faury, Airbus CEO.

The contract applies in particular to A350-900 aircraft, which can seat 314 passengers. The Dubai company said in a statement that it had earned a net profit of USD 235 million in the first six months of the financial year compared with 62 million in the same period last year. The financial year begins on 1 April.

The global Emirates network includes over 158 destinations in 84 countries. Its fleet consists of 267 wide-body aircraft, including over 100 Airbus 380. Dubai airlines announced in early November that they had almost tripled their six-month profits thanks to lower operating costs and lower fuel prices.

»See also – Air France-KLM orders Airbus 60 A220-300 for $ 5.5 billion


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