Emirates orders 50 Airbus A350 jets worth a total $16 billion

Business

An Airbus A380-800 passenger plane of the Emirates Airlines at Moscow’s Domodedovo Airport.

Mikhail Tereshchenko | TASS | Getty Images

DUBAI, United Arab Emirates — Emirates has ordered 50 Airbus A350 jets, the Dubai state-owned airline announced at the Dubai Air Show on Monday.

The order’s list price sits at $16 billion, but a steep discount is typically negotiated by airlines.

Airbus CEO Guillaume Faury told a press conference that the European multinational planemaker’s flagship A380 would now have a “younger but very talented brother in the Emirates family.”

The A350 is a family of long-range, twin-engine wide-body jet airliners, while the A380 is the world’s largest passenger airliner. The 50 jets ordered by Emirates are its cornerstone A350-900 variety, accommodating between 300 and 350 passengers.

The announcement of the order comes after an underwhelming first day for the Middle East’s flagship aerospace expo, with only two jets sold on Sunday.

Articles You May Like

How Much Money Do I Need To Retire At 55?
The Medicare Prescription Payment Plan: Yay Or Nay?
Making Friends After Retirement, According To Dr. Ruth
Gen Z, millennial retail investors are tapping into ETFs, report finds. Here are things to watch out for, expert say
Social Security beneficiaries to soon receive notices revealing the size of their 2025 benefit checks

Leave a Reply

Your email address will not be published. Required fields are marked *