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September 26, 2013

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3 Chinese firms order 68 A320 jets worth over US$6.7b

Three Chinese companies have ordered 68 A320 aircraft, Airbus said yesterday as it also announced a lighter version of a wide-bodied jet aimed at emerging markets.

In deals worth more than US$6.75 billion at list prices, the aircraft-leasing firm BOC Aviation ordered 25 planes, Qingdao Airlines requested 23 planes, and Zhejiang Loong Airlines sought 20.

The European planemaker announced the orders in statements on the sidelines of an air show in Beijing.

Air travel is rising steadily in Asia and other emerging markets, with passenger trips in China reaching 320 million in 2012, up 9 percent from the year before.

The orders marked a “vote of confidence in the long-term appeal of our popular A320 family,” John Leahy, Airbus’s chief operating officer for customers, said in a statement.

Separately, Airbus unveiled a new lighter version of its A330-300 wide-body jet which it said was aimed at high-growth markets.

“The new lower-weight A330-300 variant specially designed for regional and domestic use is Airbus’ solution for markets with large populations and fast-growing, concentrated air traffic flows,” Fabrice Bregier, Airbus president and CEO, said in a statement.

Eric Chen, president of Airbus China, said the company plans to deliver the first of the new A330-300 aircraft by the end of 2015 or early 2016.

 




 

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