Emirates believes Airbus can guarantee development of A380 program

Published 14/11/2017 in Business, Economy & Finance

Emirates believes Airbus can guarantee development of A380 program
FILE PHOTO: Emirates’ 100th Airbus A380 is pictured during its delivery ceremony at the German headquarters of aircraft company Airbus in Hamburg-Finkenwerder, November 3, 2017. REUTERS/Fabian Bimmer

Emirates [EMIRA.UL] believes Airbus (AIR.PA) can meet demands from the airline’s owner, the Dubai government, for the European planemaker to guarantee development of the superjumbo A380 program.

DUBAI (Reuters) – Emirates [EMIRA.UL] believes Airbus (AIR.PA) can meet demands from the airline&rsquo-s owner, the Dubai government, for the European planemaker to guarantee development of the superjumbo A380 program.

&ldquo-I am sure that if we get closer to a further order, the Airbus board will make that undertaking,&rdquo- airline President Tim Clark told reporters on Tuesday at the Dubai Airshow.

An anticipated order for A380 superjumbos worth $16 billion failed to materialize at the last moment on Sunday, forcing Emirates and Airbus into further talks to finalize a deal.

Clark declined to speculate when a deal might be reached.

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