These six aircraft will form part of the 53 Airbus A380 aircraft that Emirates currently has on firm order.
Tim Clark, President Emirates Airline states that, 'Emirates remains in a secure financial position despite the global financial crisis. We have never encountered difficulties in obtaining finance for our aircraft acquisition program, with both international and regional banks comfortable with our financial stability. As one of the world's most profitable airlines, Emirates has always honored its financial commitments and we continue to progress with our rigorous fleet and network expansion plans.'
The financing for these six aircraft was arranged and funded under two separate finance agreements. The first agreement, covering three A380 aircraft, has been undertaken with Citibank, backed by a guarantee from the European Export Credit Agencies (ECAs). A second financing agreement has been arranged through Doric Asset Finance and covers the remaining three A380 aircraft.
The delivery of the A380 aircraft early next week will bring Emirates' A380 fleet to six with the aircraft due for deployment on the Seoul, Korea route from December 14th. Later this month Emirates will also receive its seventh A380, scheduled to service the Dubai ' Paris route three times per week starting December 29th, later becoming daily from January 17th, 2010.
Independent and financially self-sustained, Emirates is one of the world's most successful international airlines. Emirates operates an all-wide bodied fleet of 141 aircraft to 101 destinations in 62 countries, including four U.S. gateways in New York, Houston, Los Angeles and San Francisco.
