Friday 3 November 2017

Airbus Working With Emirates on New Order for Flagship A380 - Bloomberg

Airbus Working With Emirates on New Order for Flagship A380 - Bloomberg:

"Airbus SE is working with Emirates, the biggest buyer of its A380 double-decker airliner, on a follow-up deal, which would bring much-needed relief to a program that’s running out of orders as carriers pick smaller more fuel-efficient aircraft.

The two sides aim to come to terms in time for the Dubai Air Show, which starts Nov. 12, Emirates Chairman Sheikh Ahmed Bin Saeed Al Maktoum said on Friday in Hamburg, before taking delivery of its 100th A380. Airbus Chief Executive Officer Tom Enders sought to bolster the troubled program at the event, saying the A380 would remain in production for another decade, and that there are other sales prospects to customers in the Middle East and Asia.

“I hope that we will be able to do it” in time for the biennial air show in Emirates’ hometown, Sheikh Ahmed told reporters. “It’s really about the work between the two teams as we speak today. There are discussions,” but contract talks “take ages and are expensive.”"



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