Emirates buying 36 A380s worth $16 billion

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Emirates firms up its latest order for 36 additional Airbus A380 aircraft worth $16 billion.
Photo: Emirates

(From Emirates)

Dubai, U.A.E. — Emirates, the world’s largest international airline, signed a contract for 20 additional A380 aircraft and 16 options, firming up the Memorandum of Understanding (MoU) that was announced in January.

The total agreement for 36 aircraft is valued at $16 billion based on latest list prices. Deliveries are to start as early as 2020.

In the presence of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and ruler of Dubai; and Edouard Philippe, Prime Minister of France, the agreement was signed on the sidelines of the World Government Summit by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group; and Mikail Houari, President Airbus Africa Middle East.

During the event, Sheikh Ahmed and French Prime Minister Edouard Philippe also discussed the strong aviation ties between the UAE and France, and the expansion of air services between both countries.

Together with the airline’s 101-strong A380 fleet and its current order backlog for 41 aircraft, this new order brings Emirates’ commitment to the A380 program to 178 aircraft, worth over $60 billion.

Emirates’ A380 fleet operates both GE and Rolls-Royce engines, and the airline is evaluating engine options for its latest A380 order. (Full Story Here)

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