Final Tally For Airbus At Farnborough 2010: $28 Billion | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 12.19.14 ** HD iPad-Friendly -- Airborne 12.19.14 **
** Airborne 12.17.14 ** HD iPad-Friendly -- Airborne 12.17.14 **
** Airborne 12.15.14 ** HD iPad-Friendly -- Airborne 12.15.14 **

Sat, Jul 24, 2010

Final Tally For Airbus At Farnborough 2010: $28 Billion

European Plane Maker Received Orders And Commitments For 255 Aircraft

Signalling a clear upturn in the aviation industry, Airbus announced commitments at the 2010 Farnborough Air Show for 255 aircraft, valued at around $28 billion. The commitments so far include firm orders for 133 aircraft worth more than $13 billion, plus memorandum of understanding (MoU) agreements for a further 122 aircraft totalling around $15 billion.

The firm orders at the show came from GECAS for 60 A320s worth around $4.9 billion; from Air Lease Corporation for 51 A320 Family aircraft worth $4.4 billion; from Aeroflot for 11 A330-300s worth $2.3 billion; from Garuda Indonesia for six A330-200s worth $1.2 billion; and from Germania for five A319s worth $372 million.

The MoU commitments included: 40 A320s plus 10 A321s together worth $4.2 billion from LAN; 10 A330-200s worth $1.9 billion plus 15 A350 XWBs worth $3.8 billion from Hong Kong Airlines; 40 A320s worth $3.3 billion from Virgin America; and seven A330-300s worth $1.5 billion from Thai Airways International.

John Leahy, Chief Operating Officer, Customers commented: "Before the Farnborough Air Show we already had 131 orders, and we predicted that by the end of the week we'd double that. Indeed, the commitments which we have already received here, bring our total firm orders this year already to over 260 aircraft." He adds: "This clearly proves that the market is back, and that our new end of year target for over 400 orders is within reach."

FMI: www.airbus.com

Advertisement

More News

Airborne 12.19.14: Falcon 8X Unveiled, Sportys 172LITE, Bizarre CA AvGas Lawsuit

Also: ANN/Airborne's Crystal Ball, Lear70/75 Mexico Cert, Carnegie Mellon's Lunar Rover, Dragon Delays Dassault Aviation rolled back the curtains earlier this week on the ultra-lon>[...]

Airborne 12.19.14: Falcon 8X Unveiled, Sportys 172LITE, Bizarre CA AvGas Lawsuit

Also: ANN/Airborne's Crystal Ball, Lear70/75 Mexico Cert, Carnegie Mellon's Lunar Rover, Dragon Delays Dassault Aviation rolled back the curtains earlier this week on the ultra-lon>[...]

Aero-TV: Redbird's Roger Sharp -- Pushing The Aero-Educational Envelope

One of The Most Important Aspects of GA is Flight Training... But Is The Industry Keeping Up With The Times? While at the Redbird Migration 2014, ANN CEO and Editor-In-Chief, Jim C>[...]

ANN's Daily Aero-Linx (12.20.14)

University Aviation Association We often report about aviation educational opportunities and programs here at ANN. The logic being that young people getting interested in the indus>[...]

ANN's Daily Aero-Term (12.20.14): Hot Start

In gas turbine engines, a start which occurs with normal engine rotation, but exhaust temperature exceeds prescribed limits.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC