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Emirates to spend $16bn on new aircraft

The additional Airbus A380s will be delivered to Emirates from 2020 onwards.

Emirates has announced a $16 billion (AED 58.7 billion) deal to acquire 36 additional Airbus A380 aircraft, with 20 firm orders and 16 options.

Together with the airline’s 101-strong 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 $60 billion. The additional Airbus A380s will be delivered to Emirates from 2020 onwards.

Emirates’ A380 fleet operates both GE and Rolls-Royce engines, and the airline is now reportedly evaluating engine options for its latest A380 order.

“Emirates truly represents Dubai’s spirit of growth, innovation and resilience. It also epitomises the city’s increasing role in connecting the world in terms of people, capital and information flows,” said His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. “This deal reflects Emirates’ confidence in shaping the future, and its commitment to advancing Dubai’s vision to grow further as a world-class destination and aviation hub.”

His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group signed the memorandum of understanding today with John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft at the airline’s headquarters in Dubai.

Speaking at the memorandum of understanding signing today, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, said, “We’ve made no secret of the fact that the A380 has been a success for Emirates. Our customers love it, and we’ve been able to deploy it on different missions across our network, giving us flexibility in terms of range and passenger mix.”

He added, “The beauty of this aircraft is that the technology and real estate on board gives us plenty of room to do something different with the interiors. We will continue to work closely with Airbus to further enhance the aircraft and onboard product, so as to offer our passengers the best possible experience.”

John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft branded the A380 as having “contributed enormously to Emirates’ growth and success since 2008.” He added, “This new order underscores Airbus’ commitment to produce the A380 at least for another ten years. I’m personally convinced more orders will follow Emirates’ example and that this great aircraft will be built well into the 2030s.”

Emirates is the largest Airbus A380 operator on the planet, with 101 A380s in service today.

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