Emirates to hold talks with Airbus, Boeing over new order

|About: Airbus Group SE (EADSF)|By:, SA News Editor

After cancelling its $16B order for 70 Airbus A350 jets two weeks ago, Dubai's Emirates airline is now looking to begin talks with Airbus (EADSF) and rival Boeing (BA +0.2%) for a new contract.

Emirates is looking for a purchase of 50 to 70 regional jets, such as the A350 or 787 Dreamliner, to operate its routes in the Middle East.

The carrier will discuss the options with Airbus and Boeing in late 2014 or 2015.