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FINANCIAL NEWS
Etihad to buy USD16 b Airbus jets
17 Nov 2013
(MENAFN) Abu Dhabi’s Etihad Airways is in talks to order as many as 75 Airbus jets, including around 50 of the European planemaker’s long-haul A350, The Peninsula Qatar reported.
The roughly USD16 billion order, expected to be announced at the Dubai Air show, may include approximately 25 smaller A320neos, the sources said.
Etihad and Airbus declined to comment. Airbus is developing the A350 to compete with Boeing’s 787 Dreamliner and the proposed new 777X. The Abu Dhabi carrier has already bought 35 A320s and 12 A350s. Industry sources have said Etihad is also expected to order around 55 Boeing jets worth USD18 billion from Boeing at the show, including 25 of its latest long-haul jet, the 777X.
However, Airbus hopes to get commitments for its A350s, A320neos, A330 as well as possibly the A380 superjumbo. Emirates is the largest customer for the superjumbo with 90 planes and has said it is interested in buying another 30, while leasing company Doric Lease Corp also says it expects to finalize an order soon.
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