Deals struck during Farnborough Air Show 2010

[Armand2REP]

ALAFCO opts for the A350-900
21 July 2010

ALAFCO, the Kuwait-based international Aviation Lease and Finance Company, has converted its existing firm order for 12 Airbus A350-800's placed in 2007, into the higher capacity A350 -900 model.

The A350-900 is the first of the three members of the A350 XWB family to be introduced and will enter service in mid 2013.

ALAFCO's main shareholder is Kuwait Finance House. ALAFCO specialises in Sharia-based commercial aircraft leasing.

"Our customers are seeing rapid recovery in demand. The A350-900 is best suited to meet the needs of our customers in the decades to come. The A350 XWB will be a strong asset in our portfolio," said Ahmad Al Zabin, ALAFCO's Chairman and Chief Executive Officer.

"Growth in the industry is undeniable. As passenger traffic begins to recover, we are delighted that ALAFCO have chosen the most popular A350 XWB model. This decision is further evidence of a wider industry trend towards larger aircraft," said John Leahy, Airbus Chief Operating Officer Customers.

The A350-900 typically has a capacity of around 40 more seats than the smaller 800 model.

The A350 XWB (Xtra Wide-Body) Family is Airbus' response to widespread market demand for a series of highly efficient medium-capacity long-range wide-body aircraft. With a range of up to 8,300 nm / 15,400 km, it is available in three basic passenger versions: the A350-800 accommodating 270 passengers, the A350-900 seating 314 and the A350-1000 for 350 passengers in a typical three-class layout.

The A350 XWB has the widest fuselage in its category, offering unprecedented levels of comfort, the lowest operating costs and lowest seat mile cost of any aircraft in this market segment. With power supplied by two new generation Rolls Royce Trent XWB engines, the A350 XWB Family is designed to confront the challenges of volatile fuel prices, rising passenger expectations and environmental concerns. Orders for the aircraft stand at more than 530 from over 33 customers.

http://www.airbus.com/en/presscentre/pressreleases/press-release/?tx_ttnews[tt_news]=4405&tx_ttnews[backPid]=1683&cHash=51162dc0bd

 

[Armand2REP]

Farnborough 2010: Airbus wins commitments worth US$28 billion
22 July 2010

Signalling a clear upturn in the aviation industry, Airbus announced commitments at the 2010 Farnborough Air Show for 255 aircraft, valued at around US$28 billion. The commitments so far include firm orders for 133 aircraft worth more than $13 billion, plus memorandum of understanding (MoU) agreements for a further 122 aircraft totalling around $15 billion.

The firm orders at the show came from GECAS for 60 A320s worth around $4.9 billion; from Air Lease Corporation for 51 A320 Family aircraft worth $4.4 billion; from Aeroflot for 11 A330-300s worth $2.3 billion; from Garuda Indonesia for six A330-200s worth $1.2 billion; and from Germania for five A319s worth $372 million.

The MoU commitments included: 40 A320s plus 10 A321s together worth $4.2 billion from LAN; 10 A330-200s worth $1.9 billion plus 15 A350 XWBs worth $3.8 billion from Hong Kong Airlines; 40 A320s worth $3.3 billion from Virgin America; and seven A330-300s worth $1.5 billion from Thai Airways International.

John Leahy, Chief Operating Officer, Customers commented: "Before the Farnborough Air Show we already had 131 orders, and we predicted that by the end of the week we'd double that. Indeed, the commitments which we have already received here, bring our total firm orders this year already to over 260 aircraft." He adds: "This clearly proves that the market is back, and that our new end of year target for over 400 orders is within reach."

Airbus' success is founded on innovative design, which has given it the world's most modern aircraft family in every category from 100 to 525 seats

http://www.airbus.com/en/presscentre/pressreleases/press-release/?tx_ttnews[tt_news]=4468&tx_ttnews[backPid]=1683&cHash=6f111cdcec

 

[Armand2REP]

Brazil, Russia win Farnborough's small jet orders
AFP
by Ben Perry Ben Perry – Wed Jul 21, 11:25 am ET

FARNBOROUGH, United Kingdom (AFP) – Brazilian and Russian firms won the race for small regional jet orders at the Farnborough airshow on Wednesday, leaving new player Japan and Canada's Bombardier trailing badly.

Airlines and leasing companies splashed out billions of dollars on planes carrying around 100 passengers from Brazil's Embraer and Russia's Sukhoi but sat tight on Mitsubishi's new planned jet and Bombardier's CSeries.

Short-haul planes are being snapped up to meet soaring demand for air travel across emerging markets, especially in Asia, and ahead of an expected upturn in European and US economic growth.

Russian aircraft maker Sukhoi said Wednesday it had sold 30 single-aisle Superjet 100s worth more than 900 million dollars (702 million euros) to leasing group Pearl Aircraft Corporation.

Pearl also has an option to buy 15 more of the planes, according to an announcement at the Farnborough International Airshow near London.

"We are convinced it is the best 100-seat aircraft available and proposed," said Pearl chief executive Jan Soderberg. "Its superior economics outclass all its competitors."

Sukhoi, renowned for its military aircraft, also announced at the biennial Farnborough event the sale of 30 Superjet 100s to Indonesian regional carrier Kartika Airlines, confirming a preliminary agreement.

By contrast Mitsubishi Regional Jet (MRJ), which is making Japan's first ever passenger jet, failed to secure any new orders at Farnborough.

"We have been trying very hard to make an announcement during the show but unfortunately we couldn't make it, but we are expecting to reach some agreement in the foreseeable future," MRJ's head of sales Masao Yamagami told reporters.

The state-backed company is expected to take to the skies in 2014 with its 70-90 seater fuel-efficient planes. MRJ is also looking at 100-seater aircraft.

The ambitious project got a huge boost ahead of Farnborough when MRJ landed a 100-plane order worth up to 4.0 billion dollars from US carrier Trans States.

It was the second order for the MRJ which officially got off the ground in 2008 after launch customer All Nippon Airways agreed to buy up to 25 of the jets.

But it quickly flew into the turbulence of the global economic downturn that forced many carriers, including Japan Airlines, to slash jobs and routes to keep flying.

There was also disappointment at Farnborough for Canada's Bombardier, which had hoped to announce a deal to sell its new CSeries jet to Qatar Airways.

The Gulf carrier said it was still interested in acquiring the plane after snapping up two Bombardier Global 5000 business jets worth 90 million dollars.

The biggest success of the regionals went to Embraer, which on Tuesday unveiled a deal to sell up to 140 of its small jets worth 5.0 billion dollars.

Embraer said British low-cost airline Flybe agreed to buy at least 35 Embraer 88-seater E175 jets, with options on another 65 planes and purchase rights for a further 40.

Embraer also won an order for 24 of its E190 jet from Republic Airlines in the United States worth 960 dollars at catalogue prices.

Competition in the small jet sector looks set to intensify as China is also planning to enter the market.

The Farnborough show is one of aviation's biggest trade events, with deals announced over its three days worth more than 50 billion dollars, mostly for US group Boeing and its European rival Airbus.

On Wednesday, Boeing said top US carrier American Airlines ordered 35 of its medium-haul 737 aircraft, worth 2.7 billion dollars at catalogue prices.

http://news.yahoo.com/s/afp/20100721/bs_afp/britainaerospacesectorfarnboroughshow

 

[Armand2REP]

Russia and France are doing very well this year. We dominate the big planes, they dominate the regional planes and Brasil dominates business jets. Every plane Russia sells will have or likely have French engines. SaM146 is set to be their engine of choice for all aircraft of the class.