Airbus hits turbulence after Emirates halts US$16b deal for 36 A380s
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Dubai
A PRELIMINARY deal to sell 36 A380s to Emirates blew up in an Airbus hospitality chalet moments before the Gulf carrier was expected to shower US$30 billion on the planemaker and its US rival Boeing at the start of last week's Dubai Airshow.
Two top Emirates officials broke the news to Airbus CEO Tom Enders and his sales chief John Leahy that the widely expected US$16 billion deal would not be signed that day, leaving uncertainty over the future of the world's largest jetliner.
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