Airbus wins commitments worth US$12.9 billion at Paris Air Show
Airbus announced commitments during the 2009 Paris Air Show for 127 aircraft, valued at some US$12.9 billion. These commitments include firm orders for 58 aircraft worth almost US$6.4 billion, plus 'Memoranda of Understanding' (MoU) agreements for a further 69 aircraft totalling US$6.5 billion.
The firm-order highlights of the show were three large orders from carriers in the Middle East and Asia. Qatar Airways placed an order for 24 single-aisle aircraft valued at US$1.9 billion, comprising the purchase of 20 A320s and four A321 aircraft. Meanwhile, Vietnam Airlines signed a US$1.4 billion firm order for 16 A321s. In addition, Air Asia X expressed confidence in Airbus' newest aircraft product with a firm order for 10 A350-900s valued at US$2.4 billion.
Other firm airliner orders made during the show include: Cebu Pacific, which ordered five A320s; Aigle Azur for one A319; and Zest Air of the Philippines which became a new Airbus customer with an order for one A320. It is also worth mentioning an order for one Airbus Corporate Jet (ACJ) A320 Prestige from a private customer.
Moreover, as a further indication of the industry's forward planning at the show, Airbus received MoU commitments for a further 69 aircraft. These MoUs comprised: 50 A320s for Wizz Air worth US$3.8 billion; 10 A321s for Indian based Paramount Airways worth US$900 million; two A330-200s plus five A330-300s for Turkish Airlines together worth US$1.4 billion; and two A350-900s for Vietnam Airlines worth US$480 million.
John Leahy, Airbus Chief Operating Officer Customers commented: "Airbus' commercial performance shows that the airline industry continues to invest in the most fuel-efficient and environmentally-friendly aircraft. Our customers are addressing both the long-term industry growth as well as the necessary replacement of older less efficient aircraft."