UPDATE 2-Emirates hands A380 superjumbo lifeline with $16 bln order [Reuters (UK)]
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Source: Reuters
Emirates hands Airbus A380 superjumbo lifeline with $16 billion order | Reuters 4 Min Read NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus ( AIR.PA ) A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world’s biggest passenger jet from death row and securing its future for at least another decade. The European planemaker said Emirates [EMIRA.UL] had placed a provisional order for 20 of the double-decker superjumbos, with an option for 16 more. Deliveries are due to start in 2020. The agreement hands a lifeline to the slow-selling aircraft, in service for just 10 years, and rescues one of Europe’s most visible industrial symbols overseas. Airbus shares rose more than 3 percent after the announcement to touch a record high of 92.56 euros. The deal ends months of tough-fought negotiations. Talks between Airbus and Emirates about a fresh A380 order broke down at the last minute at the Dubai Airshow in November, when the Gulf carrie
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