Emirates airline may slow down deliveries of its plane orders from next year, its president said on Tuesday. -- PHOTO: AP
KUALA LUMPUR - DUBAI-BASED Emirates airline may slow down deliveries of its plane orders from next year, its president said on Tuesday.
'We are looking at slowing some...maybe next year,' Tim Clark told Reuters on the sidelines of the International Air Transport Association annual meeting in Kuala Lumpur.
Emirates, which has a US$55 billion (S$80 billion) order book for planes from Boeing and Airbus , expects to receive about 10 planes a year.
Asked if this may be reduced to five next year, Clark said: 'Maybe'.
He also said the airline had funding in place for planes ordered until mid-2010. He said Emirates did not expect to receive any government funding. -- THOMSON REUTERS