We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Tue 8 Jun 2010 03:28 PM

Font Size

- Aa +

Emirates signs $11.5bn 'superjumbo' deal

Carrier inks deal to buy 32 more A380s from manufacturer Airbus; will bring total to 90.

Emirates signs $11.5bn 'superjumbo' deal
AMBITIOUS: Emirates has 48 Airbus 380s, 70 Airbus 350s, 18 Boeing 777-300s and seven Boeing air freighters on order.

Emirates Airline has signed a deal to buy 32 additional A380 ‘superjumbo’ aircraft from European manufacturer Airbus, in an order with a list price of $11.5bn.

The agreement was signed Tuesday at the Berlin Air Show by Emirates Chairman Sheikh Ahmed Bin Saeed Al-Maktoum, and Airbus president Tom Enders. German Chancellor Angela Merkel was also in attendance at the ceremony.

In addition to the orders placed in Berlin, Emirates has 48 Airbus 380s, 70 Airbus 350s, 18 Boeing 777-300s and seven Boeing air freighters on order, totaling 143 wide-body aircraft worth more than $48bn at list price.

“This latest order, adding to 58 A380s previously ordered, affirms Emirates’ strategy to become a world leading carrier and to further establish Dubai as a central gateway to worldwide air travel,” said Sheikh Ahmed. “Our latest commitment signals Emirates’ confidence in the growth to come in a thriving aviation sector as we build our fleet for tomorrow.”

Emirates took receipt of its first A380 in July 2008, after a series of delays in the manufacture of the aircraft. It now flies eight international routes with the superjumbo: London Heathrow, Toronto, Paris, Jeddah, Bangkok, Seoul, Sydney and Auckland.

The carrier has already said it will start A380 services to Beijing from 1 August and Manchester from 1 September. It will relaunch its New York A380 service from October 31.

“Emirates supported the development of the A380 from the earliest days, a project employing tens of thousands of Europe’s best people, and today’s increased order is the best endorsement I can imagine,” said Airbus chief Enders. “The A380 is indeed a remarkable eco-efficient aircraft, a profit generator for airlines and a great flying experience for passengers.”

In May, the Dubai Government-owned carrier said it hoped to earn close to $1.16bn in profit this year.

Arabian Business: why we're going behind a paywall

For all the latest UAE news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.
Waleed 10 years ago

Excellent news. I hope they find a way to convince Airbus to launch the -900, as that would serve them much better. I have long watched this airline grow in the right direction, and am pleased to see them sticking to their plans.

tariq khan 10 years ago

well done sheikh ahmed and Team EMIRATES .east or west emirates is the best....please offer somemore flights to Toronto,Canada....

Saeid Javadi 10 years ago

Wish you all the best Emirates, fly high n proud.

Joe Karcia 10 years ago

@tariq khan. As we all know with the press releases earlier this year and an open letter from Emirates to Canadian govt, Emirates wants to not only increase frequency, but add new Canadian destinations as well. But the govt wont just let it happen. I think we need to sort of create a massive request to push Canada govt to open its skies. This is getting frustrating as they try to support only Air Canada which either won't let any one fly in or wont fly any where. But back to this article, good luck Emirates and a well done job. A Proud brand of Dubai. I wonder if anyone will write a book on how a fishing village turned into a metropolitan city built a airline company into world player and how they did it with creating a strong brand. It would be an academic chapter for students of branding, advertising, marketing, business and economics.

Bassel 9 years ago

Maybe Emirates should suspend this order until France allows more landing slots. It doesn't seem fair that France is okay selling planes to Emirates but does not allow them to compete in France...