Dubai, UAE, Feb. 14 -- Emirates, the world's largest international airline, signed a contract for 20 additional A380 aircraft and 16 options, firming up the Memorandum of Understanding (MoU) that was announced in January. The total agreement for 36 aircraft is valued at US$16 billion based on latest list prices. Deliveries are to start as early as 2020.

In the presence of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and ruler of Dubai; and Edouard Philippe, Prime Minister of France, the agreement was signed on the sidelines of the World Government Summit by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group; and Mikail Houari, President A...