Emirates throws Airbus A380 a lifeline with $16 billion deal:
"The Middle East’s largest airline, Emirates, announced Thursday it struck a deal with Airbus to purchase 20 A380 aircraft with the option to buy 16 more in a deal worth $16 billion, throwing a lifeline to the European-made double-decker jumbo jets. The Dubai-based Emirates already has 101 A380s in its fleet and 41 more on order, making it the largest operator of the jumbo jet. “This new order underscores Airbus’ commitment to produce the A380 at least for another ten years,” said Airbus chief salesman John Leahy."
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