Thursday, November 26, 2020

Emirates brings Airbus $16 billion order

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

United Arab airline Emirates has finalized new deal with the European aircraft manufacturer Airbus, a major contract logged into the system to buy the air crafts. The representatives both companies signed an order for 50 large-body aircraft of type A350, as announced on Monday at the air show in Dubai.

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Back in February, Emirates signed a preliminary contract for 30 A350s and 40 A330neo-type aircraft in return for the cancellation of numerous A380s.

Emirates is the largest buyer of the world’s largest passenger jet Airbus A380

The A350 order is now larger, on the A330neo is still spoken, it said. The same applies to a possible order of “Dreamliner” models of the American manufacturer Boeing. The A350 jets are powered by engines of the British manufacturer Rolls-Royce.

According to the price list, the Airbus order has a total value of around 16 billion dollars. However, high discounts are common in this business. Emirates is the largest buyer of the world’s largest passenger jet Airbus A380. After canceling part of its orders in February, European aircraft manufacturer decided to stop building the model in 2021 for lack of other contracts.

Read also: Airbus signs $10 billion deal with China for 300 planes

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]
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