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Airbus won $30bn of orders for its aircrafts

Airbus company is a winner this week. On Monday at the Dubai Air Show, Emirates CEO Sheikh Ahmed bin Saeed Al Maktoum and Airbus CEO Guillaume Faury signed a purchase agreement for 50 Airbus A350-900s, worth $16 billion at today’s list prices, with first delivery in May 2023.

The A350s will offer Emirates’ “latest products,” including a yet-to-be-released premium-economy seat.The world’s largest Airbus A380 operator will be the second largest A350-900 operator as well. Airbus CEO Guillaume Faury told a press conference that the European multinational planemaker’s flagship A380 would now have a “younger but very talented brother in the Emirates family.” “Complementing our A380s and 777s, the A350s will give us added operational flexibility in terms of capacity, range and deployment,” Emirates Chairman and Chief Executive Sheikh Ahmed bin Saeed Al Maktoum told press.

Emirates-Airbus-news-conference

Emirates had also intended to purchase Boeing’s 787 Dreamliners. An Emirates spokesperson stated, “We continue to be in discussions with Boeing on the 787s.” But Airbus won more. The fast-growing low-cost carrier Air Arabia ordered 170 Airbus A320s worth $14bn. Air Arabia chief executive Adel Ali told reporters the aircraft order was a "game-changer" for the airline. He said it would allow Air Arabia to expand in southeast Asia and Africa.

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