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Emirates makes historic order

Emirates has announced at the Paris Air Show what it describes as the largest order in civil aviation history. The order, which is split between Boeing and Airbus, is worth a combined US$19 billion.

Emirates has announced at the Paris Air Show what it describes as the largest order in civil aviation history. The order, which is split between Boeing and Airbus, is worth a combined US$19 billion.

At a press conference at the show, His Highness Sheikh Ahmed bin Saeed Al-Maktoum, chairman of the Emirates Group revealed that the airline was to buy another 21 Airbus A380-800s and lease another two. This brings it total number of super jumbos on order to 45, the highest number for any airline.

The airline also announced orders for 26 Boeing 777-300ERs, which will be powered by GE90-115B engines. These will be bought on operational leases, 14 from GECAS and 12 from ILFC.

Emirates also announced orders for more four-engined Airbus A340s, purchasing two more ultra-long-range A340-500s and 18 of the larger A340-600 Higher Gross Weight aircraft, as well as leasing two A340-600s from ILFC. This makes Emirates the launch customer for the A340-600 HGW.

"We need many more aircraft to continue our plans to become a truly global airline, and had already announced a major aircraft order at the 2001 Dubai International Air Show,” said His Highness Sheikh Ahmed bin Saeed Al-Maktoum.

“Now we are placing more multi-billion dollar orders, and have chosen A380s, A340s and 777s to meet exceptionally strong demand from passengers and cargo customers. We will fund them from our own reserves, from banks and institutional investors, and through operating leases," he added.

Combined with the orders announced at the Dubai 2001 airshow, Emirates now has orders worth US$ 26 billion in place.

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