Emirates on Tuesday decided to postpone its significant acquisition of Airbus A350 aircraft due to reservations about their Rolls Royce engines. This move deals a substantial setback to the European manufacturer, which had anticipated finalizing the deal at the Dubai Air Show this week.
Emirates’ $52 Billion Boeing Deal Overshadows Airbus Plans
Emirates President Tim Clark’s announcement at the air show followed his airline’s massive $52 billion deal with Boeing, overshadowing Airbus’ prospects. FlyDubai, Emirates’ sister airline, also contributed to Boeing’s success with an $11 billion aircraft purchase. In contrast, Airbus is yet to secure a major deal at the ongoing show.