Dubai's Emirates set to add $14.5bn worth of new planes


By Bloomberg

Emirates, the world’s biggest long-haul airline, plans to add 37 new planes to its fleet in the fiscal year beginning April as it expands operations in Asia with new destinations.

1The airline will receive 21 Airbus Group SE A380 superjumbos and 16 Boeing 777s in the year ending March 2017, Chief Commercial Officer Thierry Antinori said Wednesday in Singapore. The aircraft are worth $14.5 billion at list prices.

Emirates already serves about 150 destinations in about 80 countries using the industry’s biggest wide-body fleet. The Dubai-based airline will begin operations to Panama in February in what will be the longest nonstop commercial flight by any carrier, overtaking Qantas Airways Ltd’s service to Dallas from Sydney.

“We will continue to grow,” Antinori said. “We will continue to invest, innovate, have a younger fleet. It’s about creating new markets.” More info