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Emirates announces order for 50 Airbus A350 aircraft

An Airbus A380-800 passenger plane by Emirates Airlines at Domodedovo Moscow Airport.

Mikhail Tereshchenko | TASS | Getty Images

DUBAI, United Arab Emirates – Emirates has ordered 50 Airbus A350s, the airline, a state-owned airline in Dubai, announced at a Dubai air show on Monday.

The cost of the order list is $ 16 billion, but a sharp discount is usually negotiated by the airlines. Initially, the deal was intended to allow Emirates to order 70 aircraft from the French manufacturer ̵

1; 40 of the A350 and 30 A330-900neo aircraft, but all A330 orders were scrapped in favor of bringing the size of the A350 order to 50.

Airbus chief executive Guillaume Fauri told a news conference that the flagship A380 on the European multinational aircraft will now have "a younger but very talented brother in the Emirates family."

The A350 is a multi-engine family of multi-engine jet aircraft while The A380 is the largest passenger aircraft in the VETA. The 50 jets ordered by Emirates are its flagship A350-900, with between 300 and 350 passengers.

"Complementing our A380s and 777s, the A350 will provide us with additional operational flexibility in terms of capacity, scope and deployment," Emirates Chairman and CEO Sheik Ahmed bin Said Al Maktoum told the press. "In fact, we are enhancing our business model to provide efficient and convenient air transport services to and through our center in Dubai."

The order announcement comes after the first day of the leading aerospace show in the Middle East, with only two jets, sold on Sunday.

The Emirates CEO declined to discuss the reasons for the company's cancellation of the A330's orders, saying only, "For anyone who touches the A330, this is not part of the discussion today."

The A330-900 is a slightly slimmer version of the A350-900, carrying fewer passengers and with a slightly slower cruising speed. The A350 is more expensive, but lighter, which means less fuel costs and more time savings, according to aviation analysts.

Emirates is the number one buyer of the iconic Airbus A380, the largest in the world, but was cut by a jumbo order earlier this year, the French manufacturer said it would scrap production. Aeronautical analysts called it the "end of an era" because the industry symbol of surplus and luxury flying was set aside for smaller, more fuel-efficient aircraft, which are now increasingly preferred by airlines.

Asked if the cancellation of the decision was possible and the production of the aircraft could be continued, Farry replied: "The decision is now in effect, we love the A380 on Airbus, it is a great aircraft and will continue to fly for decades, we we are determined to support it. But no, the decision was taken to terminate the proceedings, not reversed. "

The last A380 will be delivered in 2021.

Airbus Chief Executive Christian Scherrer told CNBC on Sunday that the A380 was by no means complete as the company turns to the second-hand market to Scherer described the A380 as having "many, many profitable years" to come.

The Dubai Air Show, known for record-breaking mega deals, is expected to see fierce competition for deals from rival Airbus and Boeing, which each owns approximately half of the large trading market But the presence of the American aircraft builder has been suppressed so far, weighing on two of Boeing's devastating 737 Max catastrophes, killing a total of 346 people.

A Boeing fleet of about 400 737 Max jets has since been founded. March, boosting airlines' profits, forcing carriers to cancel thousands of flights and increase costs On the first day of the air show, the manufacturer announced the sale of two of its 787-9 Dreamliner planes to Biman Bangladesh Airlines, valued at $ 585 million.

Asked on Sunday whether the grounding of the 737 Max benefits from Airbus, Scherer forcibly rejected the idea, telling CNBC: "It is not beneficial to anyone in this industry, the least of which would be Airbus … not good competitors to see the problems of each particular type of aircraft. "

Beginning with the last Dubai air show in 2017, Boeing launched the event by launching a major $ 15.1 billion Airlines jet sale of 40 787-10 jets. .

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