Airbus wins business worth more than $75 billion for 496 aircraft

With agreements involving the newly-launched A330neo and in-production A330ceo versions, along with the soon-to-enter-service A350 XWB.
Thursday, July 17, 2014

Farnborough, UK: Airbus won US $75.3 billion worth of business for a total of 496 aircraft, during the largest Farnborough show - both in terms of dollar value and in number of aircraft. The deals comprise Memoranda of Understanding (MoU) for 138 aircraft worth $36.9 billion and purchase orders for 358 aircraft worth $38.4 billion.

The launch of the A330neo starting the show, was followed by a brisk slew of announcements from major customers for a total of 121 A330neos worth $33.2 billion, Air Asia X leading with a deal for 50 A330-900neos worth $13.8 billion. This landmark selection from one of Asia’s fastest growing carriers, in addition to the stamp of approval from leading lessors Air Lease Corporation, Avolon and CIT Group, have together further proved that Airbus and Rolls-Royce have made the right choice to build on the outstanding success of the medium-range A330 airliner with the latest technology Trent engines. Airbus has now additional impetus to continue to develop this platform as the ideal complement to its bigger and long-range brother, the A350 XWB, in the Airbus leading Widebody Family.

In the single-aisle sector, Airbus’ A320 Family garnered an impressive 363 commitments worth $39.0 billion, including the orders for 317 A320neo and A321neo aircraft worth $34.4 billion, making the A320neo Family continue to outpace the competition. Besides, Airbus achieved the 3,000th A320neo Family sale during the show, when SMBC Aviation Capital ordered 110 A320neo aircraft, marking the show’s biggest vote of confidence for the leading Single Aisle aircraft Family.

John Leahy, Airbus’ Chief Operating Officer, Customers said: “The orders and commitments we’ve received at this record-breaking Farnborough for both the A330neo and A320neo families are together an unequivocally resounding endorsement for these most cost-efficient aircraft. For both our single-aisle and widebody categories, the high representation of lessors - widely regarded as the global ‘barometer’ of the industry - is indicative of the long term confidence in the capacity needs for sustainable growth for the airlines in the years ahead.”

Airbus is a leading aircraft manufacturer with the most modern family of airliners, ranging in capacity from 100 to above 500 seats. Airbus has delivered more than 8,500 aircraft to some 360 customers worldwide and has a backlog of more than 5,500 aircraft. Airbus has design and manufacturing facilities in France, Germany, the UK and Spain as well as subsidiaries in the US, China, India, Japan and in the Middle East.