Emirates Airline has ordered 70 aircraft from Airbus in a deal worth AED 78.6 billion.
The planes consisting of 40 A330-900 and 30 A350-900 planes will be delivered to the airline in 2021 and 2024 respectively.
Dubai’s flagship carrier and the European aircraft manufacturer also reached an agreement on pending A380 deliveries, with 14 more superjumbos set to arrive in the emirate from this year until 2021.
ARN News reported earlier that Emirates decided not to pursue additional A380 orders.
Commenting on the agreement on A380 deliveries, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, said: "After many months of discussions, we have come to an agreement with Airbus and Rolls-Royce.
"Emirates has been a staunch supporter of the A380 since its very inception. While we are disappointed to have to give up our order, and sad that the programme could not be sustained, we accept that this is the reality of the situation."
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
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