Emirates has firmed order for 20 A380s with the 16 options which was originally announced on a provisional basis on 18 January 2018. The $16 billion firm deal between Airbus and Emirates is signed on Sunday as the World Government Summit opened in the United Arab Emirates city.
The order from Emirates is crucial for Airbus as it had previously said to end production of A380 if it fails to secure order from Emirates. The Dubai based airliner took a long time, seeking guarantee from Airbus to keep the production line open, before making the order for additional 36 A380s.
Airbus said the Emirates would take deliveries from 2020 and the 20 aircraft will keep the production line scheduled till 2027 and will extend till 2029 if the next 16 aircraft order is firmed.
Emirates has yet to select the powerplant options for the new orders. Currently its A380 fleet has both Engine Alliance GP7200 and Rolls-Royce Trent 900 versions.
Together with the airline’s 101 A380 fleet and its current order backlog for 41 aircraft, this new order brings Emirates’ commitment to the A380 programme to 178 aircraft, worth over US$ 60 billion.
Only two players are keeping the A380 cards on the table as most big players have moved to mid-size market segments.