Emirates announces ambitious fleet retirement schedule for 2016

EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS

EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS

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7 December 2015 – Emirates has announced its fleet plans for 2016. In total, the airline will retire 26 aircraft, including 12 A330-300s, 4 A340-300s, 1 A340-500, 6 Boeing 777-200ERs, 2 Boeing 777-300s and 1 Boeing 777-300ER. The average age of the Emirates aircraft slated for retirement in 2016 will be 15.7 years, well-below the average industry retirement age of 25. In addition, 13 more aircraft will be retired in 2017 and another 13 will be retired in 2018.

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