All you need to know about Emirates 21.4 billion dollar deal
Emirates announced a 21.4 billion dollar deal for 40 A330-900 aircraft, and 30 A350-900 aircraft, in a heads of agreement signed with Airbus.
The latest generation Airbus A330neo and A350 aircraft will be delivered to Emirates starting from 2021 and 2024 respectively.
In addition, Airbus and Emirates reached an agreement on outstanding A380 deliveries. The airline will receive 14 more A380s from 2019 until the end of 2021, taking its total A380 order book to 123 units.
His Highness Sheikh Ahmed bin Saeed Al Maktoum, the Chairman and Chief Executive, Emirates Airline and Group, said this had been in the works for many months with Airbus and Rolls-Royce.
“Emirates has been a staunch supporter of the A380 since its very inception. While we are disappointed to have to give up our order, and sad that the programme could not be sustained, we accept that this is the reality of the situation. For us, the A380 is a wonderful aircraft loved by our customers and our crew. It is a differentiator for Emirates.
"The A380 will remain a pillar of our fleet well into the 2030s, and as we have always done, Emirates will continue to invest in our onboard product and services so our customers can be assured that the Emirates A380 experience will always be top-notch," he said.
On the decision to purchase A330Neos and A350s, HH Sheikh Ahmed said Emirates’ fleet strategy to operate a young, modern, and efficient all-widebody fleet remains unchanged. "The 40 A330neos and 30 A350s will complement Emirates’ fleet mix, support our network growth, and give us more flexibility to better serve seasonal or opportunistic demand. Both the A330neos and A350s will play an important role in our future fleet and network plans.”
The A330neos will be deployed on Emirates’ regional destinations, and also enable the airline to serve smaller airports and thereby open new routes and connectivity for its global network. The A350s will supplement Emirates’ long-haul operations, providing the carrier with added flexibility in terms of capacity deployment on 8 to 12 hour missions from its Dubai hub.