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  • 19-11-17

    Airbus A380 deal fades away in Dubai

    (MENAFN) Airbus rolled out the red carpet to airline executives and Dubai royalty at the handover of the 100th A380 superjumbo to Gulf carrier Emirates earlier this month in Hamburg.

    The company in turn winked and nodded that another multi-billion-dollar order for the double-decker was on the cards.

    Ten days on, dignitaries were filing into a conference room at the Dubai Air show to witness the unveiling of a lifeline order for the slow-selling jet - when the unimaginable happened.

    Excitement over a mammoth follow-on contract from the A380's only significant backer turned first to bewilderment as word spread that no announcement would be forthcoming, and then to mortification for Airbus as Emirates proceeded instead to hand a USD15 billion deal to arch-rival Boeing Co.

    MENAFN1911201700450000ID1096110816

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