Emirates, the Dubai-based global aviation leader, has secured financing for six new Airbus A350-900 aircraft through HSBC, marking a significant milestone in its fleet modernization and long-haul growth strategy. This deal, structured under the Japanese Operating Lease with Call Option (Jolco) framework, signifies Emirates’ return to the Jolco market after a six-year hiatus and underscores the enduring 40-year partnership between the airline and the global banking giant. Five of the aircraft have already been financed, with the sixth in progress, diversifying Emirates’ funding sources while bolstering its position as one of the world’s largest long-haul carriers. The A350-900, renowned for its advanced aerodynamics, fuel efficiency, and reduced emissions, aligns with Emirates’ sustainability goals and the aviation industry’s broader decarbonization efforts. The aircraft’s deployment on medium- to long-haul routes, including key markets in Europe and Asia, enhances Emirates’ operational flexibility and supports its strategy to meet rising global air travel demand. With a fleet exceeding 260 aircraft, dominated by Boeing 777s and Airbus A380s, Emirates continues to expand its order book, including 65 A350s, 205 Boeing 777X aircraft, and 35 Boeing 787 Dreamliners. This expansion reinforces Dubai’s role as a global aviation hub connecting East and West. The financing deal highlights HSBC’s pivotal role in supporting the UAE’s aviation sector, with senior executives from both organizations commemorating the partnership’s continuity since 1985. As Emirates scales its network and fleet, international banks and investors are expected to play an increasingly critical role in structuring diversified funding strategies, further solidifying the airline’s global leadership in the aviation industry.
Emirates to get 6 new A350 aircraft with HSBC financing, boosting long-haul growth
