London - European plane maker Airbus on Wednesday announced 20 orders by Amedeo, formerly Doric Lease Corporation, for its flagship A380 superjumbo worth $8.3-billion at list prices.
The order from Amedeo was announced at the Singapore Airshow, where both companies signed the final agreement for the purchase.
“This firm order from Amedeo is a clear recognition of the A380’s long-term market appeal,” said John Leahy, Airbus chief operating officer for customers.
Amedeo chief executive Mark Lapidus said: “As world air traffic continues to double every 15 years and airport infrastructure and slots do not, the A380 is the best solution for airlines to capture that growth.”
The double-decker A380 superjumbo is the world's biggest passenger aircraft. - AFP