Doric expects to complete Airbus A380 order soon

DUBLIN Mon Jan 20, 2014 10:38am EST

DUBLIN Jan 20 (Reuters) - Doric Lease Corp expects to finalize an order for 20 Airbus A380 superjumbo jets in the next couple of months, a senior executive said on Monday.

"Airbus has said it expects to have the order finalized in the next couple of months. That is where we are and where we expect to be," Paul Kent, chief commercial officer, told a conference hosted by Airline Economics.

"We will have news relatively quickly on completion," he added.

Doric Lease Corp placed the order, worth $8 billion at list prices, at the Paris Airshow in June 2013.

The Dublin-based conpany has partnered with Airbus to find new customers for the world's largest airliner following slack sales. In a separate move, Emirates airline subsequently placed a firm order for 50 of the aircraft.

Doric has made progress in placing with airlines the aircraft it plans to order, Kent added, but declined to give details.

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article