DAE confirms $13bn Airbus contract

16 July 2008

Dubai Aerospace Enterprise has confirmed an order with Airbus for 100 jetliners worth about $13bn at list prices, reported Bloomberg. The state-owned aviation company will buy 70 A320-series planes and 30 A350 XWBs, Toulouse, France-based Airbus said at the Farnborough International Air Show. DAE had signed a letter of intent for the planes in November at the Dubai Air Show.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.