Airbus lands $30 billion in new orders for planes - News Summed Up

Airbus lands $30 billion in new orders for planes


Dubai-based Emirates announced Monday that it had ordered 50 A350s from Airbus, giving the wide-body jet a prominent role in a fleet that already includes the Airbus A380 and Boeing 777. The deal, worth $16 billion at list prices, replaces an Emirates order announced in February for 30 Airbus A350s and 40 A330Neos. Airbus received an additional order for 120 planes in its A320neo family from a budget carrier based in the UAE. Air Arabia said the $14 billion order would more than triple its current fleet strength. But the $30 billion in orders secured by Airbus could help spark more dealmaking before the event wraps up Thursday.


Source: CNN November 18, 2019 15:56 UTC



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