An Airbus A380-800 passenger aircraft by Emirates Airlines at Moscow Domodedovo Airport.
Mikhail Tereshchenko | TASS | Getty Images
DUBAI, United Arab Emirates – Emirates has ordered 50 Airbus A350 jets, the state-run airline Dubai reported at the Dubai Air Show on Monday.
The order list price is $ 16 billion, but a steep discount is usually negotiated by airlines.
Airbus CEO Guillaume Faury told a press conference that the European multinational planner's flagship A380 would now have a "younger but very talented brother in the Emirates family."
The A350 is a family of long-range, wide-body twin-engine aircraft, while the A380 is the world's largest passenger aircraft. The 50 jets booked by Emirates are its cornerstone A350-900, and can seat between 300 and 350 passengers.
"Complementing our A380s and 777s, A350s will provide us with increased operational flexibility in terms of capacity, reach and distribution," Emirates Chairman and CEO Sheikh Ahmed bin Saeed Al Maktoum told the press. "In reality, we are strengthening our business model to provide efficient and comfortable air transportation services to and through downtown Dubai."
The announcement of the order comes after an entertaining first day for the Middle East's flagship aerospace show, with only two jets sold on Sunday.
Emirates is the largest buyer of the Airbus' iconic A380, the world's largest airline, but the cut in orders for the jumbo jet early this year led the French manufacturer to announce that it would scrape its production. Aviation analysts called it "the end of a time" when the industry's symbol of excess and luxurious aircraft was set aside for smaller, more fuel-efficient aircraft that are now increasingly preferred by airlines.
Asked if a reversal of the decision was possible and jet production could continue, Faury replied, "The decision is in implementation now, we love the A380 on Airbus, it is a great aircraft and will continue to fly for decades, we are busy But no, the decision to stop production is not reversed. "
The last A380 will be delivered in 2021
Airbus chief executive Christian Scherer told CNBC on Sunday that The A380 was by no means complete, as the company turns to the used market to keep the jet in service. Scherer described the A380 as having "many, many profitable years" to come.