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Airbus signs € 14.5 billion deal with Emirates



The contract covers the purchase of 50 Airbus A350-900s.

per Le Figaro with AFP

"I am very proud that the Airbus 350 was chosen by Emirates. This is very good news for Airbus.Said Airbus CEO Guillaume Faury. Martin BERNETTI / AFP

Emirates, the largest airline in the Middle East, has signed a € 14.5 billion deal to buy 50 Airbus 350-900, its president, Sheikh Ahmed bin Said Al-Maktoum, said Monday.

"I am pleased to announce the purchase of 50 Airbus (350-900) for $ 16 billion, " The CEO told the press at the Dubai Airshow International Air Show, held since Sunday in the emirate. "I am very proud that the Airbus 350 was chosen by Emirates. This is very good news for Airbus.Said Airbus CEO Guillaume Faury.

The contract is specifically for A350-900 aircraft that can accommodate 314 passengers. The Dubai-based company said in a statement that it posted net income of $ 235 million in the first six months of its fiscal year, compared with 62 million in the same period last year. The fiscal year begins on April 1st.

Emirates' global network includes more than 158 destinations in 84 countries. Its fleet is made up of 267 wide-body aircraft, including more than 100 Airbus 380. Dubai airline announced in early November that it has nearly tripled its half-yearly profits, thanks to a reduction in operating costs and lower fuel prices.

»See also – Air France-KLM orders Airbus 60 A220-300 for $ 5.5 billion


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