Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Https://www.benzinga.com/amp/content/35797320
Pratt & Whitney, an RTX (NYSE:RTX) business, has signed a 10-year agreement with Emirates to maintain and support the airline's 116 PW980 auxiliary power units (APUs) on its Airbus A380 aircraft. That’s through to 2033!
The French OEM stopped manufacturing the double-deckers in 2021. Sheikh Ahmed, however, said the airline would continue to expand its fleet with more A380s from lessors for ‘the right price. “The A380 will stay with us until at least 2035. We will continue to buy it for the right price,” he said.
Sorry for spamming but these are good.
“ The French OEM stopped manufacturing the double-deckers in 2021. Sheikh Ahmed, however, said the airline would continue to expand its fleet with more A380s from lessors for ‘the right price. “The A380 will stay with us until at least 2035. We will continue to buy it for the right price,” he said.”
While a few of the A380s have been withdrawn from the fleet, Emirates president Tim Clark says he is committed to “keep them going as long as possible”.
“We have to keep a careful eye on [the supply chain], so we’re cannibalising some of the early aircraft and storing the parts,” he said, speaking during the Dubai air show.
“We’ll try to keep 116 going for as long as we can. Back-end of the next decade, it’ll drop to 90.”
Https://www.emirates.com/media-centre/download/ac865b36-8ac7-48f1-9936-21ad2143313e/fleetfastfacts13nov2023.docx
116 is full number of fleet
Https://asianaviation.com/emirates-invests-in-a380-fleet-to-keep-it-flying-longer/
I read this as brilliant news! They have signed deals to maintain 116 aircraft which looks like all the ones flying now plus another 26 - pretty much all their fleet.
Yes it’s coming. It will be more than $12m I think. The wording was “ Emirates will pay the sum of USD 12,000,000 to the Company's Subsidiary, in addition to the normal monetary compensation arrangements, on or prior to the lease expiry date”. But yes 9 days left and counting.
Https://simpleflying.com/emirates-a380-fleet-worth-10-times-more-any-other/
DNA 2 will close. The original plan for aa4 was to keep adding but I sense they will prolong the contracts but not add. But the Thai contracts are through 2035. There is a real chance of extending the EK contracts. Carcosa on Lemonfool - who has done some great analysis - thinks lease rates will be much lower going forward. That is not my experience and I would expect them to be lower than current but to provide a very good yield and much higher than in his modelling.