Dubai Flag Carrier Orders 50 Additional A380s worth $23bn

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Emirates Airlines, the flag carrier of Dubai has announced orders of additional 50 AirbusDubai Flag Carrier Orders 50 Additional A380s worth $23bn A380 jumbo. The deal is worth $23 billion at list prices as the Dubai Airshow commenced today.
The announcement was made after the airlines revealed that it had placed an order for 150 Boeing 777 long-haul jet in a deal estimated at $76 billion.
At a news conference, Emirates Airline CEO and Chairman said that this deal brings total order book for A380s to 140 aircraft
“The A380 continues to be the flagship of our fleet and after five years in operation it remains highly popular with our passengers,” he said. “It is still one of the most efficient aircraft to operate today in terms of fuel burn and emissions per passenger, and it gives us the flexibility in some cases to meet passenger demand in slot-constrained markets. This latest order will help us meet both fleet expansion and fleet replacement needs”, Sheikh Ahmed bin Saeed Al Maktoum said at a news conference.
“Emirates purchase of 150 new 777X jets sends a strong signal to the industry that the airline is only going to get bigger and stronger,” said aviation analyst Saj Ahmad. “While the 777X jets will take a decade or more to deliver, Emirates will use their staged induction to start drawing down and phasing out other early models of 777s as well as dozen or more Airbus A380s that will start to come off lease”, he added.
Emirates Airline is expected to emerge as the biggest buyer during the ongoing Dubai Airshow, even as rivals Etihad Airways and Qatar Airways swell their order books.
Dubai’s flag carrier which recently received its 38th jumbo A380 aircraft already operates the world’s largest fleet of A380s and the largest fleet of Boeing 777s. It has over 137 flight destinations in 77 countries and recently declared its grand plans to fly 70 million passengers in 2020 across six continents with over 250 aircraft.