Airbus Bags Jet Orders
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Airbus sealed a landmark order for 40 A220 jets from Polish national carrier LOT on Monday, marking the airline’s largest-ever investment and signalling a broader reset in political ties between Poland and France.
Geopolitical dynamics played a visible role in a major aircraft deal announced at the Paris Air Show, where Airbus (OTCPK:EADSF) (OTCPK:EADSY) secured a major order from Poland's LOT Polish Airlines and displaced longtime supplier Embraer (NYSE:ERJ) in the process,
Airbus SE has been sounding out customers appetite for a longer version of its A220-300 jet that would give airlines more seating capacity but at the expense of range.
Saudi leasing company AviLease placed a firm order for 30 Airbus single-aisle jets and 10 A350 freighters in its first direct deal with the European planemaker, as Saudi Arabia's aviation ambitions kicked off the Paris Airshow on Monday.
The new order will expand the fleets of both All Nippon Airways (ANA) and its low-cost subsidiary Peach Aviation. ANA will receive 14 of the A321neo aircraft, while Peach Aviation will take delivery of 10 A321neo and all three A321XLR jets, making Peach the first Japanese airline to operate the XLR variant.
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European aeroplane manufacturer Airbus announced Saudi and Polish orders for more than 100 aircraft at the Paris Air Show on Monday while US rival Boeing f
AviLease, which is backed by Saudi Arabia’s sovereign wealth fund, kicked off the show with an order for 30 A321 narrow-body aircraft, with options for 25 more, as well as 10 A350 freight planes and 12 options. Last month, it announced an order of 30 Boeing 737 Max jets during US President Donald Trump’s tour of the Middle East.
AviLease, a startup aircraft lessor in Saudi Arabia, is entering the air cargo market with an order for 10 large Airbus A350 cargo jets. Airbus announced the deal at the Paris Air Show on Monday. The deal brings total Airbus orders for the next-generation A350 freighter to 73.
European aeroplane manufacturer Airbus announced Saudi and Polish orders for more than 100 aircraft at the Paris Air Show on Monday while US rival Boeing focused on “supporting customers” after the Air India crash.
Airbus SE’s defense chief bemoaned fresh infighting with French partner Dassault Aviation SA on their European fighter-jet program as concerns mount over delays, and called for closer collaboration with a UK-led rival.