Monday, 12 February 2018
Emirates signed a contract on Sunday to buy as many as 36 Airbus A380 aircraft worth as much as $16 billion at list prices, firming up an order that is crucial to the future of the world’s biggest passenger jet.The order, for 20 of the double-decker planes with an option for 16 more, was originally announced on a provisional basis in mid-January. Deliveries are to start as soon as in 2020, the Dubai-based carrier said.Airbus had previously said it would have to end production of the A380 ...
Thursday, 21 December 2017
Kuwait said on Wednesday it had ordered an investigation into a deal with aircraft maker Airbus to supply 30 Caracal military helicopters, worth one billion euros ($1.19 billion), for its air force. The announcement comes as Airbus faces several international investigations into commercial and military sales that have raised questions over the future of senior managers. The French defense ministry said in August last year that Kuwait had placed the order. It came after then French President ...
Wednesday, 15 November 2017
Airbus landed a deal for a record 430 of its A320neo-family jets on Wednesday as US investor Bill Franke raised his bet on budget airlines. The preliminary deal, worth up to $50 billion, is designed to supply four airlines in which Franke’s Indigo Partners has stakes: Frontier Airlines, Mexico’s Volaris, Chilean carrier JetSmart and Hungary’s Wizz Air. The 80-year old Franke signed the agreement at the Dubai Airshow amid a flurry of dealmaking, as airlines take advantage of a ...
Tuesday, 14 November 2017
Bombardier said on Tuesday that Egypt Air had signed a letter of intent to purchase 24 CS300 jets from the Canadian company.Bombardier Commercial Aircraft President Fred Cromer announced the agreement at a news conference at the Dubai Airshow.Meanwhile, Airbus said on Tuesday it had signed a preliminary agreement to sell 25 A320neo aircraft to Golden Falcon Aviation, the exclusive aircraft supplier to Wataniya Airways of Kuwait.The memorandum of understanding, worth $2.7 billion at list prices, ...
Thursday, 5 October 2017
Saudi Arabian Airlines will start talks with Airbus and Boeing about a narrow-body aircraft order before the end of the year, the state carrier’s top executive said on Thursday. The requirement for flyadeal, its new low-cost subsidiary airline, will be for “probably 30 ... single-aisle aircraft,” Director General Saleh bin Nasser al-Jasser told Reuters in Dubai. The talks aimed at acquiring Boeing 737 or Airbus A320 aircraft will start “much sooner” than December ...
Thursday, 6 July 2017
Qatar Airways has axed orders for four A350s because of delivery delays, Airbus said on Thursday, handing the European planemaker a new headache over what to do with jets worth $1.2 billion at list prices as it tries to close a sales gap with rival Boeing. The decision means Airbus will have to try to resell or reallocate the 283-seat jets at a time when demand for big planes is softening, and could cost Airbus $60-80 million to rip out and replace interiors designed to fit the ...
Monday, 16 January 2017
Flynas Chairman Ayed al-Jeaid said at the signing ceremony in Riyadh that the deal includes an option for 40 more
Sunday, 15 January 2017
Airbus retained the top spot when it said it had recorded a total of 731 net orders for 2016
Thursday, 12 January 2017
The delivery is the first from an order placed by Iran Air in 2016 for 100 Airbus aircrafts as a major step toward revitalizing its old commercial fleet
Sunday, 18 December 2016
Value of our contract will not be more than $10 billion, says the airline chief