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Emirates orders $11.5 billion worth of Airbus A380s 8, June 2010

Posted by thegulfblog.com in The Emirates.
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Emirates, the largest Middle Eastern airline has announced that it has ordered 32 more A380 superjumbos from European aircraft manufacturer Airbus. The deal is expected to be worth up to $11.5 billion. As the WSJ notes, this will take the Emirates orders up to 90 of the behemoth aircraft.

In May this year Emirates, in stark and no doubt bitter contrast to struggling European and American airlines, posted profits of nearly a billion dollars, a fivefold increase on the previous year’s.

The scale of the continuing orders, of Emirates’ profits and of their manifest desire for growth is remarkable and must cause Qatar Airways and Etihad (not to mention European carriers) sleepless nights.

Emirates, Lufthansa, Singapore Airlines, Qantas and Air France operate the A380.

The WSJ further points out that Emirates has a total of 146 aircraft on order worth some $48 billion and

By 2011, it will operate a fleet of 150 aircraft, including seven additional A380s and one Boeing 777.

Perhaps they’ll name that Boeing 777 ‘token’.

For more on Middle Eastern aviation have a look at this and this.