Dubai-based airline Emirates has ordered 200 new Airbus A350 plane and the corporate has no problem securing funds for such purchases, UAE each day Al-Bayan reported citing the airline’s chairman Sheikh Ahmed bin Saeed Al-Maktoum.
Sheikh Ahmed, head of the Dubai Civil Aviation Authority, informed the newspaper that Emirates would begin receiving the newly ordered planes in August 2024, whereas sister FlyDubai would obtain new planes this 12 months.
“We’re in ongoing discussions with Airbus and Boeing to debate future alternatives and the acquisition of recent plane… Emirates has ordered 200 new plane and the corporate will obtain and start working the brand new Airbus A350 passenger plane in August 2024. stated Sheikh Ahmed, including that FlyDubai presently operates 78 plane.
Requested whether or not it could be troublesome for Emirates and FlyDubai to acquire financing for his or her future plans within the present world financial situations, Sheikh Ahmed stated each airways have an “honorable status.”
“This qualifies them to acquire credit score at aggressive rates of interest. The 2 corporations have confirmed their capability to satisfy their contractual obligations underneath all circumstances, which has elevated collectors’ confidence within the two corporations,” he stated.
In June, Emirates president Tim Clark stated the airline could order extra Airbus A350, Boeing 777X or 787 jets because the airline renews its fleet and appears forward to demand into the 2030s.
(Writing by Nadim Kawatch; enhancing by Seban Scaira)
seban.scaria@lseg.com
