Etihad boosts aircraft orders to $22bn

15 July 2008

Etihad has placed another massive order for new aircraft, purchasing 55 planes from European manufacturer Airbus in a deal worth some $12bn.

The Abu Dhabi-based carrier followed its earlier $10bn order with Boeing, by placing firm orders for 10 Airbus A380 superjumbos, 20 short-haul A320 aircraft, and 25 of the manufacturer’s next-generation long-haul model, the A350, which is still under development.

Etihad also agreed options for a further five A380s, five A320s, and 10 A350s, as well as purchase rights for another five A380s, 15 A320s, and 15 A350s.

The new aircraft will be delivered between 2011 and 2020. The A350s will be powered by Rolls Royce Trent XWB engines, while discussions are ongoing over engines for the other planes.

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.

Get Notifications