Emirates Holds Out for Airbus Assurances on A380’s Future
- Dubai-based airline seeks undertakings on superjumbo’s future
- Clark worried about plunge in jet values if program is canned
Emirates Sees 'Marked Improvement' in Performance
This article is for subscribers only.
Emirates, the world’s biggest long-haul airline, is holding out for assurances about the future of Airbus SE’s A380 program before committing to an $8 billion order for more of the double-decker aircraft.
While Airbus is pushing for a deal at November’s air show in Dubai, where the carrier is based, concern that the value of used A380s will plummet if the slow-selling model is canceled represents a major sticking point, together with the proposed price, Tim Clark, the airline’s president, said in an interview Thursday.