Emirates purchased an Airbus A380 for $30 million from Doric Nimrod Air One

Emirates recently purchased an Airbus A380 from the lessor Doric Nimrod Air One that had previously leased the aircraft to the airline. As per the lessors’ financial accounts, the aircraft was sold for $30.5 million.  The aircraft is 14+ years old and has clocked more than 48,000 flying hours. Interestingly, Airbus’ average list price of a new A380 was $445.6 million in 2018. “The operating lease is for an Airbus A380 aircraft. The term of the lease is for 12 years ending December 2022 and no extension option. The Company and Emirates have now reached agreement that at the lease