Airbus wins business worth more than $75 Bn for 496 aircraft at Farnborough Air Show 2014
- A new Airbus record at Farnborough
- Customers endorse newly launched A330neo with 121 commitments;
- A320neo Family continues to outpace the competition with 317 orders
- Airbus achieves the 3,000th A320neo Family order during the show
During the 2014 Farnborough Air Show, Airbus won US$75.3 billion worth of business for a total of 496 aircraft, making it by far the largest Farnborough show for Airbus – both in terms of dollar value and also in the number aircraft. The deals comprise Memoranda of Understanding (MoU) for 138 aircraft worth $36.9 billion and purchase orders for 358 aircraft worth $38.4 billion.
The show kicked-off with the launch of the A330neo, followed by a brisk slew of announcements from major customers for a total of 121 A330neos worth $33.2 billion. Leading the charge was Air Asia X with a deal for 50 A330-900neos worth $13.8 billion. This landmark selection from one of Asia’s fastest growing carriers, in addition to the stamp of approval from the leading lessors ALC, Avolon and CIT, have together provided further proof that Airbus and Rolls-Royce have made the right choice to build on the outstanding success of the medium-range A330 airliner with the latest technology Trent engines. Furthermore, in doing so, Airbus is proud to continue to develop this platform as the ideal complement to its bigger and long-range brother, the A350 XWB, in the Airbus leading Widebody Family.
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In the single-aisle sector, Airbus’ A320 Family garnered an impressive 363 commitments worth $39.0 billion. Of these, the orders for 317 A320neo and A321neo aircraft worth $34.4 billion is a further reflection of how the A320neo Family continues to outpace the competition. To add the icing to the cake, Airbus achieved the 3,000th A320neo Family sale during the show. The milestone was reached when SMBC Aviation Capital ordered 110 A320neo aircraft, marking the show’s biggest vote of confidence for the leading Single Aisle aircraft Family.
John Leahy, Airbus’ Chief Operating Officer, Customers said: “The orders and commitments we’ve received at this record-breaking Farnborough for both the A330neo and A320neo families are together an unequivocally resounding endorsement for these most cost-efficient aircraft.” He adds: “For both our single-aisle and widebody categories, the high representation of lessors – widely regarded as the global ‘barometer’ of the industry – is indicative of the long term confidence in the capacity needs for sustainable growth for the airlines in the years ahead.”
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Source : Airbus, an EADS N.V. company (Paris: EAD.PA)