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Airbus is getting a big order from the Emirates, says German minister

by UCapital MediaUCapital News newsroom1 min read
Airbus is getting a big order from the Emirates, says German minister

Airbus SE has received a major order from the UAE, German Economy Minister Katherina Reiche said in Abu Dhabi on Monday.


The Leiden, Netherlands-based aircraft manufacturer had received an order for 100 A321neo aircraft from the low-cost airline Dubai Aviation Corp, doing business as flydubai, Reiche said on the fringes of the Dubai Air Show, adding she had spoken to the UAE's minister of economy and tourism.


Reiche described it as a huge order that will benefit the Airbus plant in Hamburg.


"This is how we secure jobs in Germany and show what a German company and German technology can do," she said.


The partnership with the Emirates is designed for the long term, she said.


Reiche is on a four-day trip to the region. She will fly to Qatar on Tuesday evening.

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UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.

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