A USD 16 billion deal with Emirates airline for A380 superjumbos will give Airbus “at least 10 years of visibility”, the European manufacturer’s CEO Tom Enders said in an interview published today.
Emirates announced the deal on Thursday to buy 36 Airbus A380s – just days after the group said it would have to halt production without new orders.
The deal is “excellent news” and “a sign of confidence on the part of a company that has built its strategy on growth around the plane”, Enders told France’s Journal du Dimanche newspaper.
It “gives us at least 10 years of visibility.” Emirates said it had placed firm orders for 20 of the double-decker aircraft with options for a further 16.
Deliveries are scheduled to start in 2020. Read More…