Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Jody Knoblich
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
jknoblich@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

Airbus lands $18B order for 200 jets

SHARE: facebook Twitter icon Pinterest icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
Michelle Dunlop
Herald Writer
Published:
  • On Thursday, AirAsia handed Airbus an order for 200 of its A320 new engine aircraft, as shown in this artist's rendering.

    Airbus

    On Thursday, AirAsia handed Airbus an order for 200 of its A320 new engine aircraft, as shown in this artist's rendering.

Airbus ended the Paris Air Show on a high note: an order from AirAsia for 200 of its A320 new engine option aircraft.
"This landmark deal is the strongest endorsement yet of our decision to invest in the development of the A320neo and further consolidates the market-leading position of the Airbus single aisle product line," said Tom Enders, president of Airbus, on Thursday.
The order from the Asia-Pacific low-cost carrier is the largest ever for Airbus' A320 family and will make AirAsia the biggest customer for Airbus' single aisle jets worldwide.
The request pushed Airbus' backlog for its A320neo to more than 1,000 commitments. Airbus launched its updated A320neo, which will save carriers about 15 percent in fuel use, last December.
The European jet maker said requests for the A320neo also gave Airbus its most successful Paris Air Show ever with 730 orders and commitments, estimated at $72.2 billion at list prices. Airlines typically receive discounts from list prices.
Of the 730 requests received during the air show, Airbus said 418 of those were firm orders while the remainder were tentative agreements. The bulk of the requests, or 667 of them, were for the A320neo.
"With over 1,000 commitments just half a year after launch our A320neo is a real bestseller,” Enders said. "I have to admit, I largely underestimated the market demand for neo before this show.”
Rival Boeing said it recorded orders and committments for 142 aircraft worth $22 billion at catalog prices during the air show. That includes a commitment from an undisclosed customer for it's hulking new 747-8 Intercontinentals worth $4.7 billion.
Boeing played down the orders rivalry, saying it doesn't keep deals in reserve just to announce them at air shows.
The Associated Press contributed to this report.

MORE HBJ HEADLINES

CALENDAR

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus

Market roundup