Emirates to receive 100th A380, the world’s biggest passenger aircraft, next month

Emirates operates the world’s longest A380 flight – a non-stop Dubai-Auckland service that was introduced in March 2016. (Courtesy Emirates)
Updated 18 October 2017

Emirates to receive 100th A380, the world’s biggest passenger aircraft, next month

DUBAI: Emirates is scheduled to receive its 100th Airbus A380, the world’s largest passenger aircraft, by November 3, the Dubai carrier said on Wednesday.
Emirates has flown over 80 million passengers with its A380 fleet to over 45 destinations in Africa, Asia, Europe, Australia, Europe, Middle and the Americas since the aircraft’s inaugural flight in 2008.
Included in Emirates’ A380 network is the world’s longest A380 flight – a non-stop Dubai-Auckland service that was introduced in March 2016.
“The A380 has been, and continues to be hugely popular among our customers, many of whom deliberately plan their travel so that they can fly on it,” Tim Clark, President Emirates Airline, said in a statement.

Despite the A380 milestone for Emirate, which is the biggest customer, the aircraft faces an uncertain future after Airbus said it was cutting down production on the double-decker super jumbo.
Airbus in July said that it was “considering the current order booking situation” as demand for the aircraft has waned as airline operators lean toward more efficient two-engine airplanes. Production for the A380 would go down to just 12 a year by 2018, from 27 the year before, and then to eight in 2019, the European plane maker said.
Emirate’s Clark earlier said that the Dubai carrier was looking into other aircraft options including the A380, the Boeing 787 Dreamliner and the Boeing 777x which will enter the market in the early part of 2020.


Libya’s NOC says production to rise as it seeks to revive oil industry

Updated 22 September 2020

Libya’s NOC says production to rise as it seeks to revive oil industry

  • Libya produced around 1.2 million bpd – over 1 percent of global production – before the blockade
  • Libya’s return to the oil market is sustainable

LONDON: Libya’s National Oil Company said it expected oil production to rise to 260,000 barrels per day (bpd) next week, as the OPEC member looks to revive its oil industry, crippled by a blockade since January.
Oil prices fell around 5 percent on Monday, partly due to the potential return of Libyan barrels to a market that’s already grappling with the prospect of collapsing demand from rising coronavirus cases.
Libya produced around 1.2 million bpd — over 1 percent of global production — before the blockade, which slashed the OPEC member’s output to around 100,000 bpd.
NOC, in a statement late on Monday, said it is preparing to resume exports from “secure ports” with oil tankers expected to begin arriving from Wednesday to load crude in storage over the next 72 hours.
As an initial step, exports are set to resume from the Marsa El Hariga and Brega oil terminals, it said.
The Marlin Shikoku tanker is making its way to Hariga where it is expected to load a cargo for trader Unipec, according to shipping data and traders.
Eastern Libyan commander Khalifa Haftar said last week his forces would lift their eight-month blockade of oil exports.
NOC insists it will only resume oil operations at facilities devoid of military presence.
Nearly a decade after rebel fighters backed by NATO air strikes overthrew dictator Muammar Qaddafi, Libya remains in chaos, with no central government.
The unrest has battered its oil industry, slashing production capacity down from 1.6 million bpd.
Goldman Sachs said Libya’s return should not derail the oil market’s recovery, with an upside risk to production likely to be offset by higher compliance with production cuts from other OPEC members.
“We see both logistical and political risks to a fast and sustainable increase in production,” the bank said. It expects a 400,000 bpd increase in Libyan production by December.
The Organization of the Petroleum Exporting Countries and allies led by Russia, are closely watching the Libya situation, waiting to see if this time Libya’s return to the oil market is sustainable, sources told Reuters.