Emirates close to $16bn A380 deal at airshow – sources

Sources say Airbus could seal order for 36-38 superjumbos at Dubai Airshow

Emirates close to $16bn A380 deal at airshow - sources

Emirates is reportedly close to signing a deal with European plane maker Airbus for more A380 superjumbos worth at least $14 billion.

Sources familiar with the matter told Reuters that Airbus could sell more than 30 A380 to the Dubai-based airline.

The deal is expected to be announced at the opening of the Dubai Airshow on Sunday, Reuters reported. It quoted a spokeswoman for Emirates, which is the largest A380 buyer with 142 on order and 100 already delivered, as saying: “We do not comment on rumours or speculation.”

Emirates chairman and CEO Sheikh Ahmed bin Saeed Al Maktoum said last week that it was working with Airbus on a follow-up deal, which would bring much-needed relief to the A380 programme that’s running out of orders as carriers pick smaller more fuel-efficient aircraft.

The Airbus A380, which is the European manufacturer’s largest and most expensive plane at a list price of $436.9 million, has become a tough sell for the company. More info

By Staff  http://www.arabianbusiness.com