• Login
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
Time of Pakistan
No Result
View All Result
Home International News

Qatar Airways places $6.4b Airbus order

ToP by ToP
November 16, 2011
in International News, Middle East
0
Qatar Airways
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Qatar AirwaysDUBAI: Qatar Airways on Tuesday at last signed an agreement for buying 55 Airbus planes, after a few hours of impasse with the plane-maker at the Dubai Airshow.

The Doha-based airline’s chief executive officer, Akbar Al Baker, announced the firm order for five A380 superjumbos and 50 A320neo jets, plus options. The order was placed hours after announcing an “impasse” in negotiations.Qatar’s national airline has selected the A320neo as the reference aircraft for expanding its short to medium haul fleet and has increased its order for the A380.Airbus chief operating officer John Leahy said the package before options is worth $6.4 billion at list prices.
“U

nfortunately Akbar doesn’t pay catalogue price,” Leahy joked after the deal was signed.He said the agreement, which includes options for Qatar Airways to buy another 30 A320neo planes and three more A380s, is “an important, if not the most important” Airbus deal at the airshow.“Under the guidance of Akbar, who’s demonstrated unwavering professionalism and leadership… we are delighted that Qatar Airways are placing their faith in Airbus and our products once again,” Leahy said before signing the deal.

Al Baker said the airline was able to come to an agreement with Airbus after an earlier conflict over two “sensitive” issues relating to the specification of the A320neo. He to comment further on the matter but said price “was not at all an issue.” It was impasse of few hours, so its not a big deal, he added.Earlier, he had said that any further delays to the Airbus A350, for which Qatar Airways is the launch customer, would be problematic.“The A320neo promises to be a great aircraft which is why we have chosen it to form the backbone of our future single aisle expansion. Together with our increase in A380s and our orders for A350 XWB, we are continuing investing in an integrated Family of the world’s most modern and fuel efficient aircraft,” Al Baker said.

As part of the deal, Qatar Airways will be first in line worldwide for each of the three models in the A320neo series, he said. Qatar Airways has ordered a total of 43 A320 family aircraft directly from Airbus and, including leased aircraft has 38 in its fleet.The last four of the A320s on order will be provisioned for “Sharklets” following a recently signed agreement.Qatar Airways’ total A380 order increases to 10 aircraft following its initial order for two made in 2003, which was later raised to five in 2007. Qatar Airways’ current in-service fleet also includes the region’s largest number of A330s (29).

“Qatar Airways supported the development of the Airbus A320neo very early on. It is with great pride that we are announcing this large order today [Tuesday] including an additional five A380s,” said Leahy.“We appreciate having built a unique relationship with our friends at Qatar Airways over the years.”

European planmaker is competing with its US rival for orders from aggressively expanding Middle East carriers such as Emirates Airline, Etihad Airways, and Qatar Airways.Earlier this week, Boeing won the largest order in its history when Emirates booked 50 777-300ER wide-body aircraft in a deal worth about $18 billion on the first day of the airshow. The order may reach a value of $26 billion if the Dubai-based airline exercises its option to buy another 20 777s. – Khaleejnews

Previous Post

Reticent Rahul Gandhi comes out all guns blazing

Next Post

Australia, Iran, Iraq into last qualifying round

ToP

ToP

Related Posts

indian pm modi
Pakistan

Pakistan Invites Indian PM Narendra Modi to SCO Meeting

by Jameel Ahmad
August 29, 2024
Largest IT Outage
Technology

Largest IT Outage in History Brings Y2K Fears to Reality, Says Web Security Expert

by Jameel Ahmad
July 19, 2024
Ishaq Dar
Pakistan

Ensure the Safety of Students”: Foreign Minister Ishaq Dar’s Directive Amid Bangladesh Protests

by Jameel Ahmad
July 18, 2024
Trump Assassination Attempt
International News

Trump Calls for Unity After Assassination Attempt

by Jameel Ahmad
July 15, 2024
Narendra Modi Government
International News

India shares plunge as polls show Modi’s mandate slipping

by Jameel Ahmad
June 4, 2024
Ebrahim Raisi
International News

Iranian President Ebrahim Raisi Confirmed Dead in Helicopter Crash

by Jameel Ahmad
May 20, 2024
Shehbaz Sharif
Pakistan

Prime Minister Shehbaz Sharif Garners New Investment Promises from Riyadh

by Jameel Ahmad
April 29, 2024
Next Post
2014 World Cup

Australia, Iran, Iraq into last qualifying round

Popular Stories

  • Sophie Kasaei

    Sophie Kasaei and boyfriend Joel Corry put on a VERY amorous display as they holiday in Dubai

    0 shares
    Share 0 Tweet 0
Time of Pakistan

About Times Of Pakistan

kralbetbetturkeyikimislibahis1xbetm.infohipas.infohttps://www.wiibet.com/restbetcdn.com

Other Categories

  • Beautiful Pakistan
  • Fashion News
  • Funny News
  • Viral Videos
  • Weird News

Recent Posts

  • 11th J.A. Zaman Memorial Open – Powered by Gem Golfers
  • Imran Khan and Bushra Bibi Sentenced to Jail in £190 Million Case
  • World’s Largest Submarine Cable Arrives in Pakistan: Could This End Internet Woes?

Times Of Pakistan © 2024. Design & Developed by E2E Solution Providers.

No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In