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Saturday, June 19, 2010

Emirates In $11 Billion Order For EADS NV's Airbus A380s-Reuters

Reuters reported that Dubai's Emirates, the Arab airline, has placed an $11 billion order for 32 A380 superjumbo jets from EADS NV's Airbus unit in a surprise opening to the Berlin Air Show. It came as EADS showed off the capabilities of its embattled A400M military transporter plane and as it faces a dispute with German military bosses over problems with two of its new helicopters. Emirates' order would be worth just over $11 billion at a list price of $346.5 million per plane, though airlines typically receive discounts for large orders. Emirates said he expected all 90 planes to have been delivered by 2017

 
 
 
 

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