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Emirates negotiates to buy A380s worth $16 billion

Airbus has been working to secure a follow-on order for the four-engine model from Emirates

Benjamin D Katz | Bloomberg 

Emirates is negotiating a deal to purchase about 36 additional Airbus A380 superjumbos, according to people familiar with the talks, a move that would help extend the embattled programme’s life. Executives are working to seal an accord with the goal of making a formal announcement on November 12 when the biennial Dubai Air Show kicks off, said the people, asking not to be named as the discussions are confidential. An order for that number would be valued at $15.7 billion at current list prices, though the tally could change as talks enter the final stage. Airbus has ...

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First Published: Sat, November 11 2017. 23:50 IST