Business | Aviation

MEA buys 10 Airbus planes

Lebanese flag carrier finalised its order of 10 A320neos that carry a list price of $1 billion (765 million euros)

  • AFP
  • Published: 17:51 January 9, 2013
  • Gulf News

Paris: European aircraft maker Airbus said on Wednesday that Lebanese flag carrier Middle East Airlines had finalised its order of 10 passenger planes in its A320neo family that carry a list price of $1 billion (Dh3.67 billion, 765 million euros).

In a statement, Airbus said the deal involved five A320neo and five A321neo planes, with options on eight additional planes. The deal had initially been announced at the Farnborough airshow in July. Airbus’s new A320neo series, due begin flying in 2015 and offer considerable fuel efficiency, is competing for buyers with US rival Boeing’s upcoming 737 MAX planes in the battle for short-haul aircraft orders.

Gulf News
Business Editor's choice
Quick Access

  1. Markets

  2. Economy

  3. Property

  4. Aviation

Business Top Stories

  1. Gitex Shopper opens with a myriad of gadgets

  2. Deal of the day: Get an OLED TV for Dh10k less

  3. UAE tenants wait for rental index

  4. Dubai needs to create a middle ground in realty

  5. Demand for sustainable property set to grow