In the news...

June 21, 2013

On home turf show, Airbus steals Boeing’s thunder

Lori Hinnant
Associated Press

Airbus beat its rival Boeing in the orders stakes at the Paris Air Show but both aircraft manufacturers were encouraged that their lucrative wide-body planes were finding new customers – a sign that the global economy is on the mend.

The show at Le Bourget, which alternates with the Farnborough Air Show on an annual basis, is a platform for the sales race between the world’s two major aircraft makers.

Though Europe’s Airbus said June 20 it notched up about $70 billion in sales at the show, it acknowledged a problem with its large backlog, which will delay the delivery of jets. Boeing, which last week signaled it expected a lower tally than Airbus, announced orders worth $66 billion – last year Boeing won the annual orders battle at Farnborough, south of London.

Each tends to inflate its sales figures – a common tactic is to notch up previously announced purchases that have been firmed up at the show. Customers routinely negotiate enormous discounts – in at least one widely-publicized case, a markdown of more than 50 percent – although the details are usually secret.

Though both companies announced a series of orders for their single-aisle jets, most interest at this year’s event was centered on how they would do selling their bigger planes – longer haul aircraft cost a lot more and been in less demand over the past few years amid a tough global economic environment. However, along with a recovering global economy, there are signs that airliners are renewing their fleets to offset the rise in the price of jet fuel.

Airbus’ new A350, which flew last week for the first time, notched 69 new orders – including upgrades from earlier orders for older jets – and the company also secured sales for 20 of its biggest aircraft, the A380.

A big order came from United Airlines, which agreed June 20 to buy 10 A350-1000s, the largest version of the jet which typically seats 350 passengers. The carrier also converted a previous order for 25 A350-900s into -1000s. The new orders are worth $3.3 billion at list prices.

The plane is still undergoing testing, but is expected to enter into service in the first half of next year. Because it has not yet logged enough flight hours, the jet is not on display at this week’s show. But the company said it will do a fly-by on Friday over Le Bourget air field.

Chicago-based Boeing, meanwhile, officially launched its new 787-10 wide-body and claimed 102 orders for the aircraft, which like the A350 will make extensive use of lightweight carbon fiber. The company also scooped up orders for six of its 777, another wide-body twin-engine.

On the short-haul front, Airbus announced orders for 80 of its single-aisle jets Thursday. Leasing company Hong Kong Aviation Capital agreed to buy 40 of Airbus’ new generation A320 jets and 20 new generation A321s.

Meanwhile, U.S.-based budget carrier Spirit Airlines scooped up 20 of the current generation A321s and also converted 10 previous orders for A320s into A321s. Spirit’s planes will all be fitted with add-ons to the wings that will increase fuel efficiency and feature a single-class layout to let the airline squeeze in more passengers.

The fuel efficiency of Airbus’ smaller jets is one of their major selling points. At list prices, the Hong Kong Aviation Capital deal is worth $6.3 billion, while Spirit’s new orders are worth $2.1 billion.

Both the A320 and the A321 are on the smaller side; each seats about 180 passengers, though the A321 can be configured for up to 220.

Smaller jet purchases have made up the bulk of the orders this year as airlines renew their fleets or expand into new markets, notably in Asia and Latin America.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines September 17, 2014

News: Pentagon open to U.S. ground troops in fight against Islamic State - The Pentagon’s top general opened the door Sept. 16 to the possibility that U.S. combat troops would be needed in Iraq, as he publicly laid out President Obama’s still-developing plans to combat Islamic State insurgents through U.S. air power and relying on an...
 
 

News Briefs September 17, 2014

U.S. to assign 3,000 troops to fight Ebola The Obama administration is preparing to assign 3,000 U.S. military personnel to West Africa to combat the Ebola outbreak that has overwhelmed local health care systems and drawn appeals for help from the region and aid organizations. The troops will supply medical and logistical support and boost...
 
 
Navy photograph

Future USNS Fall River delivered

Navy photograph The joint high speed vessel USNS Fall River (JHSV 4) completes acceptance trials testing and evaluations in the Gulf of Mexico. The ship’s trials included dockside testing to clear the ship for sea and at-...
 

 
University of Alaska-Fairbanks photograph by Chris Larsen

NASA airborne campaigns focus on climate impacts in Arctic

University of Alaska-Fairbanks photograph by Chris Larsen Changes in more than 130 Alaskan glaciers are being surveyed by scientists at the University of Alaska-Fairbanks in a DHC-3 Otter as part of NASA’s multi-year Oper...
 
 
Air Force photograph by Michael J. Pausic

Future of NATO: Adapting to a new security environment

Air Force photograph by Michael J. Pausic Gen. Phillip Breedlove informs the assembled crowd about the results of the recent NATO Summit and the areas of instability that affect Europe that have regional implications. Seated in...
 
 
Image courtesy of NASA/CXC/M. Weiss

NASA’s Chandra X-ray Observatory finds planet that makes star act deceptively old

Image courtesy of NASA/CXC/M. Weiss A new study from NASA’s Chandra X-ray Observatory shows that a giant exoplanet, WASP-18b, is making the star that it orbits very closely act much older than it actually is. This artist&...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>