Orders top US$25b of jets at show
By Emma Vandore |
July 22, 2010, Thursday
|
Print Edition
Print Edition
PLANE makers continued to notch up orders on the third day of the Farnborough International Airshow yesterday - bringing the tally past US$25 billion - as a resurgence in commercial aviation offset the gloom from governments' cuts to defense programs.
Canadian plane manufacturer Bombardier said Australian carrier Qantas Airways has ordered seven Q400 turboprop airliners in a deal worth US$218 million.
Separately, EADS-owned Airbus said it had booked orders from Indonesian national carrier Garuda and Germania, an airline based in Berlin.
Thai Airways has made a commitment to buy seven A330-300s worth US$1.48 billion at list prices. Airbus chief salesman John Leahy said he expects the deal to be firmed up by the end of summer.
Bombardier also received orders at Farnborough from luxury carrier Vistajet, Qatar Airways and undisclosed Russian customers.
Analysts don't expect anything close to the record-breaking US$88.7 billion worth of deals announced at Farnborough in 2008, but the gathering has already exceeded the slow orders for commercial planes at sister show Le Bourget last year, at around US$7 billion.
Garuda CEO Emirsyah Satar said the airline planned to use its purchase of six long-range A330-200s, worth US$1.1 billion at catalog prices, to expand its new premium service "to more international destinations."
Airbus also firmed up its previous memorandum of understanding with Germania, signing a contract for five Airbus A319s. The deal is the airline's first with Airbus, marking a win for the European company over arch-rival Boeing as Germania starts a complete fleet rollover to eco-efficient Airbus A319s.
Boeing said yesterday that Air Austral, a French airline based on the island of Reunion, had ordered two long-range 777-200 Worldliner aircraft. But the deal, worth US$501 million at average list prices, had been concluded earlier.
The renewed optimism in commercial aviation, however, could not dispel the bad news from the defense industry, where governments around the world are cutting budgets after spending billions bailing the global economy.
Canadian plane manufacturer Bombardier said Australian carrier Qantas Airways has ordered seven Q400 turboprop airliners in a deal worth US$218 million.
Separately, EADS-owned Airbus said it had booked orders from Indonesian national carrier Garuda and Germania, an airline based in Berlin.
Thai Airways has made a commitment to buy seven A330-300s worth US$1.48 billion at list prices. Airbus chief salesman John Leahy said he expects the deal to be firmed up by the end of summer.
Bombardier also received orders at Farnborough from luxury carrier Vistajet, Qatar Airways and undisclosed Russian customers.
Analysts don't expect anything close to the record-breaking US$88.7 billion worth of deals announced at Farnborough in 2008, but the gathering has already exceeded the slow orders for commercial planes at sister show Le Bourget last year, at around US$7 billion.
Garuda CEO Emirsyah Satar said the airline planned to use its purchase of six long-range A330-200s, worth US$1.1 billion at catalog prices, to expand its new premium service "to more international destinations."
Airbus also firmed up its previous memorandum of understanding with Germania, signing a contract for five Airbus A319s. The deal is the airline's first with Airbus, marking a win for the European company over arch-rival Boeing as Germania starts a complete fleet rollover to eco-efficient Airbus A319s.
Boeing said yesterday that Air Austral, a French airline based on the island of Reunion, had ordered two long-range 777-200 Worldliner aircraft. But the deal, worth US$501 million at average list prices, had been concluded earlier.
The renewed optimism in commercial aviation, however, could not dispel the bad news from the defense industry, where governments around the world are cutting budgets after spending billions bailing the global economy.
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