Dubai, United Arab Emirates, May 08, 2014 - HH Sheikh Ahmed bin Saeed Al Maktoum, chairman & chief executive emirates airline & group, during a press conference to announce results at Emirates Airlines HQ. ( Jaime Puebla / The National Newspaper ) Shereen Elgazzar Business
Sheikh Ahmed bin Saeed Al Maktoum, chairman & chief executive Emirates is bullish on the travel and aviation industry. Jaime Puebla / The National

Exclusive: Emirates still in discussions with Airbus on buying 'flying palace', Sheikh Ahmed says



Emirates, the world’s largest operator of wide-body aircraft, is still in discussions with Airbus to buy additional A380 superjumbos, Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive of the airline, said.

"I can't say if we are close or not close, still we are in discussion," Sheikh Ahmed told The National when asked if the two companies were close to an agreement. "The media reports mentioned the numbers, it's known they've said between 20 to 36 [A380s]."

Emirates, which operates 100 A380s and has another 42 on order, has been pressing Airbus to commit to the future of the double-decker aircraft. A commitment from the Dubai-based carrier would relieve pressure on Airbus, which has not sold the aircraft dubbed the flying palace in more than two years. It would also be a fitting climax to the legacy of Airbus’ top salesman John Leahy who has helped the Toulouse-based aircraft manufacturer reap $1.7 trillion in orders.

An order of 20 jets would be valued at US$8.7 billion while an order for 36 of the aircraft would be worth $15.7bn at list prices before discount.

“We are always optimistic, we are always positive, it’s a growing industry,” Sheikh Ahmed said when asked about his take on the travel industry and aviation market.

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Read more:

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Emirates unveils new first class suite for Boeing 777 fleet, signs up Jeremy Clarkson

Emirates to decide by year end on Boeing or Airbus multibillion dollar order, says Sheikh Ahmed 

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Emirates ordered 40 Boeing 787 Dreamliners at the start of the Dubai Airshow this week valued at $15.1bn based on list prices before discount. The carrier's decision to go with the 787 was a blow to Airbus which was touting its wide-body A350. Emirates had previously ordered the A350 but rolled back on its commitment following a review of its fleet requirements and in 2014 cancelled its order for 70 A350s – valued at $16bn.

As of September 30, Emirates’ global network spanned 156 destinations in 84 countries while its fleet stood at 264 aircraft including freighters.

Last week, Emirates reported a 111 per cent surge in its half year net profit which reached Dh1.7bn, on the back of serving more passengers, efficiencies and a fluctuating US dollar.

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Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.

  • It’s So Easy
  • Mr Brownstone
  • Chinese Democracy
  • Welcome to the Jungle
  • Double Talkin’ Jive
  • Better
  • Estranged
  • Live and Let Die (Wings cover)
  • Slither (Velvet Revolver cover)
  • Rocket Queen
  • You Could Be Mine
  • Shadow of Your Love
  • Attitude (Misfits cover)
  • Civil War
  • Coma
  • Love Theme from The Godfather (movie cover)
  • Sweet Child O’ Mine
  • Wichita Lineman (Jimmy Webb cover)
  • Wish You Were Here (instrumental Pink Floyd cover)
  • November Rain
  • Black Hole Sun (Soundgarden cover)
  • Knockin’ on Heaven’s Door (Bob Dylan cover)
  • Nightrain

Encore:

  • Patience
  • Don’t Cry
  • The Seeker (The Who cover)
  • Paradise City

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