UPDATE 2-Emirates mulls new aircraft, to see A380 delays

* President says assessing fleet expansion

* Letter of Intent with Airbus for 60 aircraft "still alive"

* Chairman says could take over other rivals' delayed orders

* H2 revenues to be better than H1

(Adds details, comments, background)

By John Irish and Amran Abocar

DUBAI, Nov 11 (Reuters) - Emirates could buy more aircraft from Airbus (EAD.PA) and Boeing (BA.N) and might take over orders its rivals are looking to delay, executives said on Wednesday, as the airline prepares for the global recovery.

The Arab world's largest airline, which has $55 billion of orders with the two manufacturers, will see delays in delivery of A380 superjumbos ordered for mid-2010, hitting its route expansion plan, its president also said on Wednesday.

"We are looking at it (buying more planes) ... we are making the assessments, but clearly with the growth we have and the profit we made, there is nothing to suggest after the recession we shouldn't move rapidly," Tim Clark told Reuters by telephone.