Xiamen Airlines, Ruili Airlines, Donghai Airlines, and an undisclosed Chinese customer have all shown interest in buying Boeing’s commercial aircraft.
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European leisure airline TUI Group ordered 10 Boeing 737MAX8s and one 787-9 Dreamliner, with a total list value of $1.4 billion.
FARNBOROUGH, England Airbus (AIR.PA) bagged deals worth $20 billion to seize the initiative at a rain-soaked Farnborough Airshow on Tuesday, but industry executives said the mostly lacklustre event confirmed a recent boom in aircraft orders was finally fizzling out.
Boeing would be working with Donghai Airlines to finalize the details of the said agreement, and the order will be posted on Boeing’s Orders & Deliveries website once all contingencies are cleared, according to Boeing Media Room.
Fred Cromer, president of Bombardier’s commercial aircraft division, told AFP on the sidelines of the show that he did not expect Brexit to have an impact on the Canadian firm, and highlighted that the broader sector enjoys consistent and solid growth in passenger traffic.
Economic growth is spurring demand for new routes and extra frequencies by Asian carriers.
So far this year, the number of planes Boeing and Airbus have delivered has exceeded the number of orders they’ve received, but both companies have large backlogs of planes to build.
There has been concern lately that lower oil prices and weakening economies in key markets including China could reduce the demand for new planes. You have now viewed your allowance of free articles.
“That’s an bad lot of demand for seats in an terrible lot of planes”.
Airbus sees a need for 33,000 more planes, with the overall in-service fleet more than doubling from 19,500 to nearly 40,000.
Plane enthusiasts watch an Airbus A380 during a flight demonstration at the Farnborough International Airshow in Farnborough, Britain on July 11, 2016. “The part that’s growing above expectations is where aviation falls”.
Indian airline Go Air is in talks to buy 72 of Airbus’ A320neo aircraft in a move to expand its network.
The carrier now serves more than 40 cities across China by operating a fleet of eight 737-700s and 11 737-800s.
Air Lease Corp. (NYSE: AL) and Boeing “announced an order” for six 737 MAX 8s, of which three were new orders and three already appeared on Boeing’s order book, attributed to an unidentified customer.
The deal might be announced as early as today, Bloomberg quoted the people as saying.
Air travel in India grew by 20% previous year as 8 carriers now traverse its skies, according to the International Air Transport Association.
The low-priced carrier would use some of the narrow-body planes to provide stepped-up service to India, said one of the people.
Boeing had earlier taken a lead over France-based Airbus with a spate of morning accords involving carriers in China and tour operator TUI AG.
Airbus, which traditionally fights United States rival Boeing for blockbuster order announcements at Farnborough, southwest of London, revealed a $4.4-billion (3.9-billion-euro) firm order from Virgin Atlantic for 12 wide-bodied Airbus A350-1000 jets.
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While Airbus won its first direct purchase contract with Vietnamese carrier, Jetstar Pacific Airlines, after the airline signed a MoU for 10 A320ceo aircraft.
