Emirates has placed what it claims is the largest single order for aircraft by ordering 32 Airbus 380 jets.

This order would cost around $11 billion at the going rate of $346.5m a plane (although we’d assume that a discount has been arranged) and will mean the Middle Eastern carrier will have 90 planes by the delivery date of 2017.

This large order is a sign of chief executive Ahmed Bin Saeed Al Maktoum’s confidence in his airline’s growth. This year it anticipates earning $1.16 billion.