Friday 11 December 2009

Dubai's troubles don't hinder Emirates A380 financing

Despite Dubai's financial troubles, flag carrier Emirates airlines has raised more than $1.13 billion to finance the purchase of six Airbus A380 super-jumbo jets, the company announced Thursday.

"Emirates remains in a secure financial position despite the global financial crisis," Emirates President Tim Clark said in the news release. "We have never encountered difficulties in obtaining finance for our aircraft acquisition programme, with both international and regional banks comfortable with our financial stability.

"As one of the world's most profitable airlines, Emirates has always honoured its financial commitments and we continue to progress with our rigorous fleet and network expansion plans."

No comments:

Post a Comment