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Emirates to Buy 60 More Airbus Jets in $13 Billon Deal - ASHARQ AL-AWSAT English Archive
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HAMBURG, Germany (Reuters) – Dubai-based airline Emirates EMAIR.UL on Monday signed a letter of intent for 60 additional Airbus aircraft in a deal worth $13 billion at list prices.

Emirates, which was also taking delivery of the first of 58 Airbus A380 superjumbo jets, was firming up 30 options for A350 XWB aircrafts after it signed a deal for 70 A350s with options for 50 more at the Dubai air show last year.

It also plans to buy 30 additional A330-300 jets.

Airbus said the 60 orders would be firmed up and put in its order books in the coming months.

This would take firm orders for its A350, designed to take on Boeing’s delayed 787 Dreamliner, to 500.

EADS shares were down 1.9 percent at 12.52 euros by 5:08 a.m. EDT, off a session low at 12.26.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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