Aviation
Emirates Signs $21.4 Billion Airbus Deal, Cuts A380 Order
Emirates Signs $21.4 Billion Airbus Deal: Emirates signed an agreement with Airbus worth $21.4 billion at list prices, including dozens of A330-900 and A350-900 aircraft but cut its order for the iconic A380 superjumbo jet.
“The latest generation Airbus A330neo and A350 aircraft, will be delivered to Emirates starting from 2021 and 2024 respectively,”the Dubai-based carrier said in a statement on Thursday.
The biggest customer for the Airbus SE’s A380 double-decker reduced its order for the planes from 162 jets to 123 jets, Airbus said in a statement earlier Thursday. The move spells the end for the superjumbo after a dozen years in service.
The last delivery of the A380 is scheduled for 2021, Airbus said.
Read: Emirates’ Fatal Embrace of A380 Cuts Two Ways
Airbus Is Said Near Decision to Cancel A380 After a Dozen Years
Airbus SE scrapped the slow-selling A380 superjumbo model that was once its flagship program after just a dozen years in service.
The European planemaker will cease deliveries of the double-decker jet in 2021 after Emirates, the only remaining major buyer, cut its orderbook by 39 jets, it said in a statement Thursday.
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