Emirates to gain as aircraft orders are cancelled
The move by aircraft leasing company Dubai Aerospace Enterprise (DAE) to cancel orders for 50 aircraft from Airbus and Boeing worth an estimated US$8 billion has its upside, analysts say.
“Airbus and Boeing will no doubt be pleased that they themselves will not be forcing a customer to hold on to orders that end up being delivered and parked with nowhere to go,” said a Gerson Lehrmann Group analyst.
“Losing some orders and swapping others with more stable carriers like Emirates is a far more digestible plan of action in contrast to constant deferrals purely to play the numbers game with one’s backlog,†the analyst added.
Emirates recently committed to another US$25bn worth of aircraft including 30 Boeing 777-300ERs, and 32 Airbus A380 superjumbos.
Saj Ahmad, an aerospace analyst based in London, told The National newspaper in Abu Dhabi, “It’s highly likely the recent A380 and 777-300ER orders from Emirates are in part a substitute for DAE’s cancellations.
“Emirates is too important a customer for Airbus or Boeing to ignore and they will have worked hard to minimise the cancellations but give Emirates aeroplanes that they want. 


“Cancellation fees are usually confidential but it is clear that losing 50 orders out of 200 will have been mitigated by trading over deposits to Emirates’ A380 and 777-300ER orders,†said Ahmad.
Ian Jarrett
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Singapore to forbid entry to undesirable travelers with new no-boarding directive
In Italy, the Meloni government congratulates itself for its tourism achievements