Good vintage air show

June 27, 2017 by  
Filed under Aviation, EUROPE, News

LE BOUGET, FRANCE, 27 June 2017: This year’s Paris Air Show at Le Bourget has proved a “good vintage” with orders up 13% though fewer visitors showed up, organisers said as the event wound down Sunday.

Tight security owing to an ongoing state of emergency in the wake of several terror attacks in France in the past 18 months saw the number of visitors slide compared with the last edition two years ago — the event alternates with Farnborough in England.

But orders rose to USD150 billion (134 billion euros) compared with the USD130 billion the industry put in its order books two years ago, with giants Boeing and Airbus between them taking the lion’s share with USD114 billion — USD74.8 billion and USD39.7 billion respectively. Read more

AirAsia orders 14 more A320ceo

June 23, 2017 by  
Filed under Aviation, Malaysia, News

LE BOURGET, FRANCE, 23 June 2017: AirAsia has signed an agreement with Airbus to order an additional 14 A320ceo aircraft to meet higher than expected near-term growth on the carrier’s regional network.

The contract, which is subject to AirAsia board approval, was announced at the Paris Air Show Thursday.

It will see the total number of A320 family aircraft ordered by AirAsia rise to 592, reaffirming its position as the largest airline customer for the Airbus single aisle product line. Read more

Iran agrees to buy more A320s

June 23, 2017 by  
Filed under Aviation, Middle east, News

LE BOURGET, FRANCE, 23 June 2017: Iran’s Zagros Airlines has agreed to buy 28 planes from Airbus, the European aircraft maker said on Thursday at the Paris Air Show.

Zagros, which flies domestic routes in Iran, signed a memorandum of understanding to pick up 20 planes of the A320neo family, and eight of the A330neo type, Airbus said in a statement.

Zagros is already the largest operator of Airbus single-aisle aircraft in Iran with 11 A320ceo planes, it said. Read more

PAL buys aircraft to compete

June 21, 2017 by  
Filed under Aviation, News, Philippines

MANILA, 21 June 2017: Philippine Airlines will buy seven planes from Canada’s Bombardier as part of an effort to regain its dominance of the growing air travel market, the carrier said Tuesday.

PAL said it sealed the deal for seven Q400 turboprops, worth USD235 million at list prices, at the Paris Air Show.

The carrier aims to increase its fleet serving smaller islands in the archipelagic nation. Read more

Boeing unveils latest 737

June 20, 2017 by  
Filed under Aviation, EUROPE, News

LE BOURGET, FRANCE, 20 June 2017: Boeing announced Monday what it claims will be the most efficient jet yet to enter the highly competitive civil aviation market, as it tries to claw back market share from rival Airbus.

“Today, it is our pleasure to officially announce the newest member of our 737 family, the 737 MAX 10,” Kevin McAllister, head of the company’s commercial aviation division, told journalists as the Paris Air Show got under way.

It quickly announced more than 100 orders worth some USD13.5 billion (12.1 billion euros), although some were customers changing their selection of models from previous orders. Read more

Aircraft giants trade barbs

November 3, 2016 by  
Filed under Aviation, News, North Asia

ZHUHAI, 3 November 2013: Aerospace giants Boeing and Airbus took pot shots at one another at the Zhuhai air show, as the US and European rivals seek to capture more of China’s booming aircraft market.

China is one of the Western manufacturers’ key battlegrounds, with its travellers taking to the skies in ever-growing numbers.

The country’s airlines will need nearly 6,000 new planes worth USD945 billion over the next two decades, Airbus said in its 2016 to 2035 Global Market Forecast. Read more

Airbus slows A380 production

July 14, 2016 by  
Filed under Aviation, News

LONDON, 14 July 2016: Airbus announced, Tuesday, that it was halving production of its A380 superjumbo aircraft to one a month from 2018 to reflect reduced demand.

“In line with the current order intake, Airbus has decided to target 12 A380 deliveries per year from 2018,” the European plane-maker said in a statement at the Farnborough Airshow.

The company has received orders for 319 planes from 18 global airlines so far, of which it still has to deliver 126. But the rate of new orders is slowing. Read more

Virgin buys aircraft

July 12, 2016 by  
Filed under Aviation, News

LONDON, 12 July 2016:Virgin Atlantic announced Monday that it has made firm orders for 12 wide-bodied Airbus A350-1000 jets, worth USD4.4 billion (3.9 billion euros) at list prices, in the first major announcement at Farnborough.

“Virgin Atlantic has selected the Airbus A350-1000 for an order of 12 beginning 2019 to 2021 to be our large wide-bodied aircraft,” Craig Kreeger, chief executive of Virgin Atlantic, told reporters at the show held near London.

The airline added it would purchase eight of the jets for deliveries starting in 2019, and four new aircraft on long-term leases from (leasing firm) ALC from 2020. Read more

Brexit shadow over air show

July 11, 2016 by  
Filed under Aviation, EUROPE, News

LONDON, 11 July 2016: The Farnborough air show opens Monday in the face of turbulence from Britain’s shock decision to exit the European Union.

The event held every two years southwest of London traditionally features a battle between US titan Boeing and Europe’s Airbus for supremacy on the order books.

Organisers know there is little chance to beat the record USD201 billion (181 billion euros) of business — both firm airplane orders and commitments — clinched in 2014, with the industry beset by major production backlogs. Read more

Okay order for 737s

February 17, 2016 by  
Filed under Aviation, News

SINGAPORE, 17 February 2016: Boeing said Wednesday it has won a commitment from China’s Okay Airways to buy 12 aircraft from the 737 family in a deal worth USD1.3 billion.

The deal is subject to the approval of the Chinese government.

It will be posted on Boeing’s list of orders once the green light is given, the US aircraft maker said at the Singapore Airshow. Read more

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