You are here: Home » International » News » Companies
Business Standard

Airbus faces tricky hurdles over $16 billion stalled A380 Emirates deal

Dubai Airshow delegates said Emirates and Airbus must now resolve problems of visibility if a deal is to be done

Reuters  |  Dubai 

A preliminary deal to sell 36 A380s to Emirates blew up in an Airbus hospitality chalet moments before the Gulf carrier was expected to shower $30 billion on the planemaker and its US rival Boeing at the start of last week's Dubai Airshow. Two top Emirates officials broke the news to Airbus CEO Tom Enders and his sales chief, John Leahy, that the widely expected $16 billion deal would not be signed that day, leaving uncertainty over the future of the world's largest jetliner. The halt came so swiftly that Airbus PR executives who were already in place for a double-signing ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, November 20 2017. 11:18 IST