Gulf airlines Emirates and Air Arabia spent a combined $30 billion at list price...
Emirates threw its weight behind the Airbus A350 with an expanded order for 50 jets worth $16 billion, but shelved plans to order the slightly smaller A330neo as the Middle East’s largest carrier embarked on a more diversified fleet structure.
“Together with the A380, the A350 will give us more capacity and flexibility. We will be able to expand to new markets with these aircraft,” Emirates Chairman and Chief Executive Officer Sheikh Ahmed bin Saeed Al-Maktoum said. Sheikh Ahmed bin Saeed Al Maktoum, CEO and chairman of the Emirates Group and Guillaume Faury, Chief Executive Officer for Airbus shake hands at press conference during the second day of Dubai Air Show in Dubai, United Arab Emirates, November 18, 2019. REUTERS/ Mahmoud KhaledThe A350 gives Emirates greater room for growth than the A330neo though the airline has not definitively shut the door on the jet, an update to A330 models it has operated before.
Sheikh Ahmed said Emirates remained in talks with Boeing on firming up the order. But industry sources said that could come at a cost to Boeing since Emirates would in exchange reduce an order for 150 Boeing 777X after deliveries were pushed back by a year, which the airline complains is holding back its growth.
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