Posted: Thu 22nd Jun 2017

Airbus signs deals for $40bn worth of aircraft at Paris airshow

News and Info from Deeside, Flintshire, North Wales
This article is old - Published: Thursday, Jun 22nd, 2017

Airbus has signed deals on nearly $40 billion worth of aircraft during the 2017 Paris Air Show this week.

The company bagged firm orders for 144 aircraft worth $18.5 billion and formal agreements to supply another 182 aircraft worth $21.2 billion bringing the total number of aircraft sales and commitments to 326.

Boeing pipped Airbus to the all important sales totals over the three days of airshow with deals for 443.

Based on firm new orders, Airbus said it was a tie.

“Is this a slower show than previous years? Yes, it is. Are we conceding that Boeing sold a few more airplanes than we did? Yes,” said Airbus sales chief John Leahy. (Reuters)

Air Asia agreed to buy a further 14 A320ceo jets this morning, it brings the total number of A320 family aircraft ordered by AirAsia to 592.

The bulk of orders at Paris this week for Airbus were A320 family aircraft with sales and commitments accounting for a total of 306 aircraft worth $33.8 billion.

Airbus won firm orders for 20 widebody aircraft worth $5.9 billion.

John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft said:

“Our commercial success this week at Paris extends our already diversified order backlog to a new industry record of over 6,800 aircraft, with 326 orders worth $40 billion.”

“We are pleased to announce our latest order from AirAsia, we are proud that the A320 family has played an important role in the success of AirAsia, providing the efficiency and reliability needed for the airline to keep its costs as low as possible.”

Wizz Air, the largest low-cost airline in Central and Eastern Europe, has signed a deal for 10 A321ceos.

Wizz Air’s currently operaties a fleet of 83 A320 aircraft and average aircraft age of 4.4 years is one of the youngest fleets of any major European airline.

Wizz Air also has an order with Airbus for 110 new technology A321neo aircraft with advanced systems and engines for delivery from 2019.

Speaking at a press conference at the Paris Air Show, Wizz Air Chief Executive Officer, József Váradi commented:

“We are delighted to add additional Airbus A321 aircraft to the Wizz Air fleet. Our already strong relationship with Airbus continues as we invest further in our growing fleet.”

Ethiopian Airlines, the largest airline in Africa, has placed an order for 10 additional Airbus A350-900 aircraft, enabling further development of its fast expanding long-haul route network.

Last June, Ethiopian Airlines became the first African carrier to operate the A350 when it took delivery of the first of 12 aircraft in order.

“Operating the youngest fleet in the industry with modern and comfortable customer features in the cabin is one of the four pillars in our 15 years strategic roadmap, vision 2025, said Tewolde GebreMariam, Group CEO of Ethiopian Airlines.

Atlanta, Georgia – based Delta Air Lines has placed an order for 10 more of the aircraft on Tuesday

Like previous Delta orders for the A321, the 10 aircraft are for the Current Engine Option version of the largest Airbus A320 family member.

The airline took delivery of its first A321 in March of last year. Delta now has ordered a total of 122 A321s, each powered by CFM56 engines from CFM International.

“The A321 is fast becoming a favorite aircraft of our customers and employees alike,” said Greg May, Delta’s Senior Vice President – Supply Chain Management and Fleet. “Its excellent operating economics and customer capacity also make it a great fit for our U.S. domestic network.”

GE Capital Aviation Services were the first to put pen to paper on Monday with a huge order for 100 A320neo aircraft

The brings the total number of Airbus aircraft ordered by GECAS to almost 600 aircraft. Of these 220 are A320neo family aircraft.

“The A320neo aircraft is an excellent product. GECAS is pleased to make this additional commitment for A320neos to meet strong customer demand for this type,” said Alec Burger, President and CEO of GECAS.

Air Lease Corporation, the Los Angeles based aircraft leasing company signed an order for 12 additional A321neo aircraft on Monday.

The order takes the number of aircraft which ALC has taken delivery of or ordered from Airbus to 279, 70 are widebodies and 209 single-aisles.

“The market for A321neos is strong and our customers want more aircraft. This latest order for additional NEOs will fill our customer placement commitments,” said John L. Plueger, Air Lease Corporation’s CEO and President.

Dublin-based CDB Aviation announced on tuesday morning they had signed a dea for 45 aircraft, consisting of 30 A320neos and 15 A321neos. In addition, 15 A320neo from CDB Aviation’s previous order will be converted to A321neo aircraft.

“We are investing in the A320neo because we believe our customers will benefit from such an advanced aircraft. These aircraft will strengthen our overall aircraft portfolio and assist in the growth of our customer base,’’ said Peter Chang, CDB Aviation President & CEO. “Today, our leasing platform is based on a strong funding source, strong team with global reach.”

Viva Air, the Latin America low cost carrier group owned by Irelandia Aviation, has also signed a deal today for 50 A320 aircraft, comprising 35 A320neo and 15 A320ceo.

The agreement paves the way for the group’s airlines VivaColombia and Viva Air Peru to base its fleet renewal and network growth on the A320 family.

“Our customers are at the forefront of everything we do. This new fleet will allow us to continue leading the development of the low cost model throughout Latin America. We will be able to offer even lower fares thanks to further cost savings that these new aircraft will deliver,” said William Shaw, CEO and Founder of VivaColombia, a Viva Air company.

US based Delta Air Lines has placed an order for 10 A321ceo the aircraft.

Like previous Delta orders for the A321, the 10 aircraft announced today are for the Current Engine Option version of the largest Airbus A320 jet.

The airline took delivery of its first A321 in March of last year, Delta now has ordered a total of 122 A321s.

“The A321 is fast becoming a favorite aircraft of our customers and employees alike,” said Greg May, Delta’s Senior Vice President – Supply Chain Management and Fleet. “Its excellent operating economics and customer capacity also make it a great fit for our U.S. domestic network.”

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