Airbus Wins $35 Bn Orders at Farnborough

During the 2016 Farnborough Air Show, Airbus won $35 billion worth of business for a total of 279 aircraft, covering by single-aisle and widebody aircraft families. The deals comprise firm orders for 197 aircraft worth $26.3 billion and commitments for 82 aircraft worth $8.7 billion.

Sales and commitments at Farnborough of the A320 Family were strong, with business accounting for a total of 269 aircraft worth $31.3 billion. This total comprises 187 firm orders worth $22.6 billion, and commitments (eg. MoUs) for 82 aircraft worth 8.7 billion. Notably the larger A321neo model took a lion’s share of the single-aisle announcements – with firm selections from three airlines for 140 aircraft, reflecting the trend for airlines to upsize to larger single-aisle aircraft.

In the widebody segment Airbus won firm orders for 10 aircraft worth $3.4 billion comprising two A330-300s and eight A350-1000s. In addition to these new widebody orders, the show also saw the launch order from DHL Express for the A330-300 Passenger-To-Freighter conversion programme, in partnership with EFW and ST Aerospace.

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John Leahy, Airbus’ Chief Operating Officer, Customers said: “Our orders this week at Farnborough confirm a buoyant industry in which we have once again surpassed our competitor. In addition, airlines upsizing to the A321neo shows that this aircraft is the undisputed ‘middle-of-the-market’ champion.”

Source: Airbus, an EADS N.V. company (Paris: EAD.PA)
Date: Jul 14, 2016