The once-maligned Airbus A380 is here to stay — and Emirates' $180 million deal proves it
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2 Articles
The once-maligned Airbus A380 is here to stay — and Emirates' $180 million deal proves it
An Emirates Airbus A380.Nicolas Economou/NurPhoto via Getty ImagesEmirates has agreed to buy four Airbus A380s in a $180 million deal.It's another sign of the Dubai-based airline's commitment to the superjumbo jet.It also plans to introduce an all-new first-class suite to the double-decker planes.Emirates' iconic double-decker jets are only growing more important for the Dubai-based airline.While many airlines have retired some of their Airbus A…
Emirates will acquire four Airbus A380-800, leased since 2013 from the investment company Doric Nimrod Air Three Limited, based in Guernsey. The total amount of the transaction amounts to approximately $180 million. The aircraft was originally purchased directly from Airbus by Doric Nimrod Air Three and transferred to Emirates in the second half of 2013 under a 12-year lease agreement. The current agreement provides that Emirates will acquire fu…
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