Emirates announces $16B deal to buy 50 Airbus 350s

Sheikh Ahmed bin Saeed Al Maktoum, CEO and chairman of the Emirates Group. (Reuters photo)

Emirates Airline said Monday it will buy 50 Airbus 350-900 aircraft in a deal worth $16 billion, with delivery to begin from May 2023.

"I am happy to announce we are purchasing 50 Airbus 350 for $16 billion," the carrier's chairman and CEO Sheikh Ahmed bin Saeed Al-Maktoum told reporters at the Dubai Airshow. 

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