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Airbus wins $ 30 billion orders for 170 aircraft



  Airbus chief Guillaume Faury and Emirates chairman Ahmed bin Saeed Al Maktoum Copyright copyright
AFP

Caption

Emirates' order with Airbus was announced at a quickly convened news conference

Airbus has won $ 30bn (£ 23bn) orders for 1

70 aircraft in another sign of the continued expansion of Middle East airlines.

On the second day of the Dubai Air Show, Emirates announced the purchase of 50 Airbus A350-900 XWB – extra-wide bodywork – aircraft at a list price of $ 16 billion.

This was closely followed by fast-growing low-cost airline Air Arabia ordered 170 Airbus A320s worth $ 14 billion.

The European aircraft manufacturer makes its wings in the United Kingdom.

Both airlines are likely to receive a discount on the catalog price given the size of the orders.

Air Arabia chief Adel Ali told reporters that the flight order was a "game-changer" for the airline. He said it would allow Air Arabia to expand in Southeast Asia and Africa.

Meanwhile, Emirates said that the order, which was announced at a quickly convened news conference following last-minute negotiations, will be used to help reshape its fleet as the airline adapts to a declining regional market and early end of production of the A380 super jumbo.

Emirates is the largest operator of the A380, with more than 100 of its aircraft in its fleet.

Image copyright
Reuters

The airline's chairman and chief, Sheikh Ahmed bin Saeed Al Maktoum, said the A350s would allow Emirates to expand its long-distance network. The first of the A350 aircraft, which can fly up to 15 hours and carry 350 passengers, will be delivered in 2023.

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"That's very good news for Airbus," the European space giant's chief executive director, Guillaume Faury, told the news conference. He added that there would be no reversal of the decision earlier this year to stop production of the A380.

Emirates said the airline was still in talks with Airbus rival Boeing to buy more aircraft from the US manufacturer.

Sheikh Ahmed said the talks continued with Boeing at the aerial exhibition, with everything possible to discuss, including when the US aerospace giant can solve problems around 737 Max, which is currently founded after two crashes.

Emirates has previously said they could buy 40 of Boeing's 787 Dreamliners, but have not yet received the order.


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