11/18/2019, 11:20 AM (Source: TeleTrader)
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Emirates orders 50 Airbus jets in $16B agreement

The Emirates Group revealed on Monday that it will improve its airline's fleet by ordering a total of 50 Airbus SE's A350 jets in a deal worth $16 billion.

The announcement was made at the Dubai Air Show. The deliveries will start in 2023, according to the deal.

CEO of Airbus, Guillaume Faury, wrote on Twitter: "Honoured by@emirates' vote of confidence in the #A350. That’s a new milestone in our long-standing partnership and I can't wait to see the A350 flying in Emirates' colours! #DAS19."

Breaking the News / MS