logo
Plus   Neg
Share
Email

Emirates Orders $16 Bln Worth Of A380 Aircraft

Airbus (EADSF.PK,EADSY.PK) said that Dubai-based Emirates Airline has signed a Memorandum of Understanding to acquire up to 36 additional A380 aircraft. The commitment is for 20 A380s and an option for 16 more with deliveries to start in 2020, valued at US$16 billion at latest list prices.

The A380 is the world's largest aircraft, with two full widebody decks, offering widest seats, wide aisles and more floor space.

"I would like to thank Emirates, HH Sheikh Ahmed, Tim Clark and Adel Al-Redha for their continued support of the A380," said John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Member of Congress have reportedly been told President Donald Trump's administration has reached an agreement to put Chinese telecom giant ZTE Corp. back in business. Reports from the New York Times and Reuters said the deal brokered by the Commerce Department would require ZTE to pay a substantial... Delta Air Lines will resume non-stop flights between the U.S. and India next year, almost a decade after it exited the Indian market. The airline said Thursday that its decision to resume non-stop flights from the U.S. to India follows agreements between the U.S. and the governments of the United Arab Emirates and Qatar to address the issue of government subsidies provided to state-owned carriers. Mortgage rates continued their upward trend this week and hit a seven-year high, even as housing demand remained robust. According to data released Thursday by mortgage finance provider Freddie Mac, the 30-year fixed-rate mortgage rose to 4.66 percent in the week ending May 24, from 4.61 percent in the prior week and 3.95 percent a year ago. This is also the highest level since May 5, 2011.
Follow RTT