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Emirates to Invest $5 Billion in Refitting 220 Aircraft Amid Delivery Delays

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Emirates (UAE) is set to spend $5 billion on retrofitting 220 aircraft, as the airline faces delays in the delivery of new aircraft from manufacturers. President Tim Clark emphasized that this investment is essential to sustaining the airline’s extensive global network while awaiting fleet modernization.

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Doric Nimrod Air Two Completes A380 Sale to Emirates for $39.6M

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Doric Nimrod Air Two, based in the UK, has announced the successful sale of an Airbus A380 aircraft, serial 109, to Emirates for a total of US$39.6 million. The transaction marks the completion of the lease period for this specific A380, with the title transfer successfully finalized. This deal represents a significant milestone in Doric Nimrod’s portfolio management, as the proceeds from…