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Shaikh Ahmad Bin Saeed Al Maktoum, Chairman of Emirates and President of Dubai Department of Civil Aviation, Noel Forgeard, Chief Executive of Airbus Industrie and John Plueger, Chief Operating Officer of International Lease Finance Corp, after signing the agreement at the Farnborough Air Show. - Gulf News Archives Image Credit: Gulf News Archives

1998 - Emirates airline signed in London a $2.4 billion (Dh8.82 billion) contract with Airbus Industrie for six Airbus A340-500s with an option for another ten. The purchase includes Rolls-Royce Trent 500 engines to power the four-engine aircraft. The contract was signed at Farnborough Air Show by Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chaiman and CEO of Emirates airline and Group. The airline also confirmed the order of a 17th Airbus A330-200 and signed leases for two more Boeing 777-300s with a Singapore aircraft leasing firm. The six Airbus planes will be delivered starting autumn of 2002 while the two new Boeings will join Emirates’ fleet at the end of next year.

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