Emirates Airbus deal contingent on France

Published May 15th, 2001 - 02:00 GMT

The Dubai-based Emirates airline is negotiating with Airbus and Boeing to buy up to 60 new wide-body aircraft worth $10 billion, reported the London based daily, Al Hayat


According to the newspaper, 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. 


The Emirates chairman, Shaikh Ahmad Bin Said Al-Makhtum, was quoted as hinting that Airbus’ chance of clinching the deal is largely contingent on Emirates getting daily flight routes to Paris.  


The Airbus corporation, which is based in Toulouse, is 80 percent owned by the French European Aeronautic Defense and Space, and 20 percent by the British BAE Systems. 


Emirates already has seven 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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