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Aircraft industry

Airbus and Boeing Prepare for Record-Breaking Paris Air Show

Strategic Insights

— 1 min read

Airbus and Boeing are gearing up to announce tens of billions of dollars' worth of plane orders at the Paris Air Show, with Qatar Airways leading the way with a $1.7 billion deal for six Boeing 777-300ER jets. Meanwhile, Airbus is expected to report an order for 30 A320neo planes worth $2.4 billion to Scandinavian airline SAS. The European planemaker has set its sights on a major order surge, but its plans have been marred by a series of mishaps, including a taxiway collision involving an A380 superjumbo.

Key Takeaways:

  • Qatar Airways placed an order for six Boeing 777-300ER jets worth $1.7 billion at list prices, with the Gulf carrier being the biggest customer of the competing A350.
  • Airbus is expected to report an order for 30 A320neo planes worth $2.4 billion to Scandinavian airline SAS.
  • The A380 collision caused dismay hours after the arrival of its new rival - Boeing's elongated 747-8 superjumbo, which is showing its distinctive silhouette abroad for the first time.
  • Industry sources expect some sales of both the A380 and 747-8 during the air show, but the main joust for market share concerns narrow-body, medium-haul 150-seat planes.
  • Airbus is trying to woo buyers for a revamped A320neo with more efficient engines, saving airlines 15 per cent in fuel costs.
  • A $16 billion provisional deal from IndiGo to buy 180 A320neo passenger jets is still in negotiations, which could spill beyond the air show.

Statistics:

  • $1.7 billion: Value of Qatar Airways' order for six Boeing 777-300ER jets.
  • $2.4 billion: Value of Airbus' order for 30 A320neo planes to Slovakian airline SAS.
  • 30: Number of A320neo planes ordered by SAS.
  • 180: Number of A320neo passenger jets in IndiGo's provisional deal.
  • $16 billion: Provisional value of IndiGo's order for A320neo jets.
  • 15 per cent: Fuel cost saving from Airbus' revamped A320neo engine.
  • 2016: Year when Boeing might decide to upgrade its 737 with new engines.
  • 2019: Year when Boeing might build an all-new jet.

Sources:

  • I Media LLC 2011 Provided by Syndigate.info an Albawaba.com company
  • Reuters
  • Bloomberg News
  • Aviation Week
  • Leeham News
  • Alix Partners

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