*Sources: DTN News
(NSI News Source Info) TORONTO, Canada - June 21, 2009: Airbus said Friday that it had logged $12.9 billion in new aircraft commitments at the Paris Air Show. 
"Airbus' commercial performance shows that the airline industry continues to invest in the most fuel-efficient and environmentally-friendly aircraft," Airbus Chief Operating Officer John Leahy said in a statement. "Our customers are addressing both the long-term industry growth as well as the necessary replacement of older less efficient aircraft."
The commitments break down into firm orders for 58 airplanes and "memoranda of understanding" agreements for 69 planes.
Here's a breakdown:
Firm Orders: 58 aircraft worth $6.4 billion:
*Qatar Airways placed an order for 24 single-aisle aircraft valued at $1.9 billion, comprising the purchase of 20 A320s and four A321 aircraft.
*Vietnam Airlines signed a $1.4 billion firm order for 16 A321s.
*Air Asia X expressed confidence in Airbus' newest aircraft product with a firm order for 10 A350-900s valued at $2.4 billion.
*Cebu Pacific ordered five A320s
*Aigle Azur ordered one A319
*Zest Air of the Philippines became a new Airbus customer with an order for one A320.
*A private customer ordered one Airbus Corporate Jet A320 Prestige
Agreements to buy: 69 aircraft worth $6.5 billion
*Wizz Air plans to buy 50 A320s worth $3.8 billion;
*India-based Paramount Airways plans to buy 10 A321s worth $900 million
*Turkish Airlines plans to buy two A330-200s plus five A330-300s, altogether worth $1.4 billion
*Vietnam Airlines plans to buy two A350-900s worth $480 million
Rival Boeing says that Airbus saves up orders to announce at the air show. The company recorded one order for two 737-800 aircraft from Japan's MC Aviation Partners, which is worth $153 million.
The companies report the value of the aircraft ordered, but that does not translate to actual revenue because the list price of an airplane is often different from what airlines pay. Both companies work out deals with customers regarding prices.
"Airbus' commercial performance shows that the airline industry continues to invest in the most fuel-efficient and environmentally-friendly aircraft," Airbus Chief Operating Officer John Leahy said in a statement. "Our customers are addressing both the long-term industry growth as well as the necessary replacement of older less efficient aircraft."
The commitments break down into firm orders for 58 airplanes and "memoranda of understanding" agreements for 69 planes.
Here's a breakdown:
Firm Orders: 58 aircraft worth $6.4 billion:
*Qatar Airways placed an order for 24 single-aisle aircraft valued at $1.9 billion, comprising the purchase of 20 A320s and four A321 aircraft.
*Vietnam Airlines signed a $1.4 billion firm order for 16 A321s.
*Air Asia X expressed confidence in Airbus' newest aircraft product with a firm order for 10 A350-900s valued at $2.4 billion.
*Cebu Pacific ordered five A320s
*Aigle Azur ordered one A319
*Zest Air of the Philippines became a new Airbus customer with an order for one A320.
*A private customer ordered one Airbus Corporate Jet A320 Prestige
Agreements to buy: 69 aircraft worth $6.5 billion
*Wizz Air plans to buy 50 A320s worth $3.8 billion;
*India-based Paramount Airways plans to buy 10 A321s worth $900 million
*Turkish Airlines plans to buy two A330-200s plus five A330-300s, altogether worth $1.4 billion
*Vietnam Airlines plans to buy two A350-900s worth $480 million
Rival Boeing says that Airbus saves up orders to announce at the air show. The company recorded one order for two 737-800 aircraft from Japan's MC Aviation Partners, which is worth $153 million.
The companies report the value of the aircraft ordered, but that does not translate to actual revenue because the list price of an airplane is often different from what airlines pay. Both companies work out deals with customers regarding prices.
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