Orders kick off Farnborough

written by australianaviation.com.au | July 20, 2010
photo - Gerard Frawley

Boeing, Airbus, Embraer and Sukhoi have used the opening day of the Farnborough Airshow to announce a flurry of new orders, led by lessors ordering new narrowbody stocks as well as a significant order from Emirates for 777s.

A summary of the orders announced to date is presented below:

  • Emirates has ordered 30 additional Boeing 777-300ERs. Emirates is already the largest operator of 777s in the world, with 86 in service and 16 on order from previous orders. Of the 30 ordered, 18 were previously listed as ordered to unidentified customers.
  • Norwegian Air Shuttle has exercised purchase rights for 15 additional Boeing 737-800s. The purchase rights were secured as part of its 2007 order for 42 737s.
  • GECAS has ordered 40 Boeing 737-800s. GECAS also placed an order for 60 A320 Family aircraft, with the breakdown not yet specified.
  • Air Lease Corporation has ordered 31 A320s and 20 A321s. Air Lease Corporation is the new leasing venture launched by former ILFC CEO Steven Udvar-Hazy.
  • Aeroflot has firmed an order for 11 A330-300s. The aircraft will be configured to carry around 300 passengers and will be used on long haul services.
  • Brazilian carrier Azul has ordered five E-195s. Fellow Brazilian carrier TRIP Linhas Aeras ordered six E-175s.
  • Indonesian carrier Kartika Airlines has firmed a tentative agreement to order 30 Sukhoi SuperJet 100s.

The orders from Air Lease Corporation and GECAS have led to speculation that other lessors are looking to boost their stocks as the global airline industry recovers and may announce more orders later in the year, including for more widebody aircraft.

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The Emirates order has also been seen as significant, and comes one month after the airline announced an order for 32 A380s at the Berlin Airshow. After announcing the new order, Emirates president Tim Clark told ATW that the airline has held discussions with Boeing over its “777 wish list” for upgrades to the aircraft, although the most recent order has no provision for swapping to an upgraded 777.

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