Airbus was a big winner on the second day of the 2019 Dubai Airshow on Monday, securing a whopping $30 billion in new plane orders.
The European aircraft manufacturer’s largest deal came from Gulf carrier Emirates, which ordered 20 additional wide-body Airbus A350s, bringing its total order to 50 in an agreement worth $16 billion at list price, according to the Associated Press.
Delivery of the new aircraft is scheduled to begin in 2023.
The new agreement replaces a $21.4 billion deal reached between Emirates and Airbus in February to purchase 70 aircraft, including 40 of the A330neo.
Meanwhile, Emirates’ low-cost carrier Air Arabia also agreed to buy 120 new Airbus planes in a deal valued at $14 billion at list price.
The agreement includes 73 A320neos, 27 A321neos and 20 A321 XLRs, with delivery slated to start in 2024.
https://twitter.com/emirates/status/1196370146048262145?ref_src=twsrc^tfw” rel=”nofollow
Both deals come just one month after U.S. carrier Spirit Airlines signed a memorandum of understanding with Airbus to purchase 100 new Airbus A320neo Family aircraft. The agreement includes an option to buy 50 more. Delivery is planned through 2027.
A new report from Bloomberg recently revealed that Airbus is struggling to keep up with demand in the wake of Boeing’s struggles stemming from the grounding of the troubled 737 MAX.
Summer travel planning is in full swing, and destinations across the country are going big…
With everyday costs on the rise, many Americans are wondering if their workplace benefits are…
United Airlines flight attendants ratified a new five-year contract that gives them a 31% pay…
If you’re an entrepreneur or a small business owner, we’re celebrating National Small Business Week—where…
Nurses are the heart of our health care system.
Summer travel planning is heating up, and cruising is quickly becoming one of the fastest-growing…