Monday 7 October 2019

Rolls-Royce Doubtful About Sealing Emirates Deal for #Dubai Show - Bloomberg

Rolls-Royce Doubtful About Sealing Emirates Deal for Dubai Show - Bloomberg:

Rolls-Royce Holdings Plc cast doubt on the likelihood that a $21 billion Emirates order for 70 Airbus SE jets equipped with the U.K. company’s engines will be signed at the Dubai Airshow next month.

Finalization of the deal for A350 and A330 wide-bodies, announced in February alongside a restructuring of the carrier’s remaining A380 superjumbo orders, is being delayed by issues concerning price and the performance of the planes, said John Kelly, Rolls’s senior vice president for the Middle East and Africa.

“In terms of this air show, we don’t expect any major announcements,” he said in an interview.

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