Wednesday 25 June 2014

Emirates to revisit A350 order | GulfNews.com

Emirates to revisit A350 order | GulfNews.com:



"Airbus is to get a second chance to sell its new A350 aircraft to Emirates Airline after the fast-growing Gulf carrier revealed it would take a fresh look at the case for buying the long-range passenger jet in a head to head contest with Boeing’s 787 Dreamliner.



Airbus suffered a serious blow earlier this month when Emirates cancelled an order for 70 A350 jets, worth $16 billion (Dh58.75 billion) at catalogue prices when the deal was announced in 2007.



Emirates was supposed to be a launch customer for the A350, due to enter service later this year, and the airline’s decision not to proceed with its order was the Toulouse-based aircraft maker’s largest ever cancellation. Airbus’ shares were hit, as were those of Rolls-Royce, which makes the jet’s engines."



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