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/NBAA2014 10.20.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.20.14 **
** Airborne 10.17.14 ** HD iPad-Friendly -- Airborne 10.17.14 **
** Airborne 10.15.14 ** HD iPad-Friendly -- Airborne 10.15.14 **

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

Klyde Morris (10.20.14)

Klyde Battles The Grammar Psychos!!! FMI: www.klydemorris.com>[...]

Airborne 10.17.14: Enstrom Delivers, Flight School Scandal, NBAA2014

Also: Rare O-46 Rebuild, Valor Unveiled, OK's Anti-Fly-In Airport, FAA Screw-Ups, The first Enstrom Model 480B-G has been delivered to Rick Boswell of New Hampshire with the Garmin>[...]

ANN's Daily Aero-Term (10.20.14): Altostratus

Altostratus This middle cloud genus is composed of water droplets, and sometimes ice crystals, In the mid-latitudes, cloud bases are generally found between 15,000 and 20,000 feet.>[...]

Aero-News: Quote Of The Day (10.20.14)

"I am extremely saddened by the loss of my friend. Peter devoted the last 23 years of his life to this wonderful mission. His faith, dedication, and hard work were something to emu>[...]

AeroSports Update: Sport Performance Aviation Selects Superior XP-320

Superior Air Parts Announces That Sport Performance Aviation Has Selected The XP-320 Engine For The SPA Panther Sport Aircraft Scott Hayes, V.P. Sales and Marketing for Superior Ai>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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