Rolls Royce’s lands largest order ever from Emirates
The British-based Rolls Royce PLC is about to land its largest ever order, worth up to $1.8 billion, with the UAE-based Emirates airline, reported the Sunday Telegraph.
The Sunday Telegraph noted that Emirates has favored Rolls-Royce engines in the past. For its part, Rolls Royce would not comment on the report, only saying that, in spite of its long relationship with the Dubai-based airline, it does not take any future business for granted. A spokesman for the airline was also noncommittal, but noted that there is “no reason to believe that the relationship will not continue."
Last week Emirates airline was reportedly in negotiation with Airbus and Boeing to buy up to 60 new wide-body aircraft worth $10 billion. According to the London-based Al-Hayat daily, the airline was tending toward purchasing the Airbus wide-body carriers, but those plans could be held up by a dispute between Emirates and France over carrier traffic rights to Paris.
Emirates already has seven Airbus A380s on order, and was the first airline to sign a firm deal for the new double-decker-555-seat aircraft, which will enter service in 2006. ― (MENA Report)
© 2001 Mena Report (www.menareport.com)
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