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What is the reason for Ethiopia Airlines orders 12 A350 aircraft from Airbus (AP)?

April 26, 2017a350 Airbus aircraft Airlines AP ethiopia orders

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What is the reason for Ethiopia Airlines orders 12 A350 aircraft from Airbus (AP)?

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DUBAI, United Arab Emirates — Ethiopian Airlines has confirmed an order of 12 A350 XWB aircraft from Airbus at Dubai airshow. The order covers Trent XWB engines for 12 A350 XWB planes that will begin service in 2017. Airbus values the deal at $3 billion at list prices. This is the first plane order at the Dubai Airshow that began in the Gulf emirate on Sunday. Earlier Rolls-Royce said ir has reached $2 billion worth of deals to sell aircraft engines that will power new Airbus jetliners for Air China and Ethiopian Airlines. (AP) – 6 hours ago Sources: http://www.google.

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Airbus Wins Order From Ethiopian Airlines for 12 A350 Jets By Massoud Derhally and Andrea Rothman Nov. 15 (Bloomberg) — Airbus SAS won an order from Ethiopian Airlines for 12 of its upcoming A350 aircraft in a deal valued at about $2.8 billion at list price, bringing its total orders for the plane to 505. The airline had earlier signed a memorandum of understanding to buy 12 A350 passenger jets from Airbus after delays in the order for 10 of Boeing Co.’s 787 Dreamliner aircraft. That order, placed in June 2005, still stands. The African airline will take first delivery of the A350 in 2017, and it may need to lease some planes before then, the company said at the Dubai Air show today. Airbus’s A350, a long-range widebody plane, is set to compete with Boeing Co.’s 787 Dreamliner model, which seats about 250 to 300 passengers, as well as its 777, which seats 300 to 450. The first 787, originally scheduled for first delivery May 2008, has been pushed back by at least 2 1/2 years, with the

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Ethiopian Airlines confirmed an order Sunday for 12 Airbus A350 XWB aircraft in the first plane sale to emerge from the Dubai Airshow. » Full Story on Yahoo! Finance Sources: http://us.lrd.yahoo.com/_ylt=AlenwxCfVxWuTQjDAH2nNLB0fNdF/SIG=120pavhl6/**http%3A//biz.yahoo.com/ap/091115/ml_dubai_airshow.html%3F.