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Dubai based Emirates places $11.5 billion Airbus A380 order
Dubai based Emirates just placed a whopping $11.5 billion order for 32 Airbus A380's. This is in addition to the ten they currently own and the 48 they still have on order - which instantly makes them the largest customer of the super jumbo. Once all their orders are delivered, Emirates will operate a fleet of 90 A380's - worth about $30 billion.
This news comes hot off the heels of the news that Airbus delivered their 30th A380 - and are well on their way to turning the plane into a huge success.
The order was placed at the Berlin Air Show where Emirates CEO Sheikh Ahmed Bin Saeed Al-Maktoum signed the paperwork - $11.5 billion in paperwork.
The massive order is not only good for Emirates and Airbus - it is also a sign that the trouble aviation world may be well on its way to a full recovery.