Competition for 250- to 450-seat airliners will dominate the Paris Air Show as Airbus A350 and Boeing 787 set the stage. Bombardier's CSeries narrow-body and its Q400 turboprop are in search of orders, competing against an aging Embraer E195/190, which has a refresh scheduled for 2018. Most telling will be combined sales from the show as a measure airlines' confidence about their business.
Airbus SAS came within reach of its annual order target after adding almost $15 billion in sales on the fourth day of the Paris Air Show, prompting its sales chief to quip that he might take the rest of the year off.
Boeing Co. and Airbus SAS reasserted their dominance at the aviation industry’s largest trade expo as challengers including Bombardier Inc. failed to win any orders for single-aisle jets, the workhorses of global airline fleets.
Airbus SAS said it’s starting to explore ways to refresh its flagship A380 to improve performance toward the end of the decade and keep the double-decker plane competitive as newer long-range jets draw customers.
Embraer SA, the Brazilian planemaker upgrading its signature family of regional jets, won $709 million of orders from four airlines for the current versions, Chief Executive Officer Frederico Curado said.
Airbus SAS said it must strike a balance in the ramp-up of its new A350 between a sales force seeking to push out planes and engineers advocating a slower approach to permit changes before too many aircraft are built.
Steven Udvar-Hazy, the self- proclaimed godfather of aircraft leasing, said Boeing Co.’s stretched Dreamliner has better fuel economy over Airbus SAS’s A350-900, making the new 787 attractive to airlines.
Boeing Co. said its stretched 787 Dreamliner promises to match sales of the smallest variant, boosting the plane’s order tally as much as 60 percent, as it expanded its wide-body lineup to blunt an Airbus SAS challenge.
Airbus SAS, Boeing Co. and Embraer SA won $19 billion in orders from lessors on the first day of the Paris Air Show, gaining support for some of the newest and largest planes from buyers spanning the global airline industry.
EasyJet Plc agreed to buy 135 Airbus SAS jets worth about $13.22 billion at list price as Europe’s No. 2 low-cost carrier upgrades its fleet, reopening a confrontation with its founder, who has opposed the purchase.
Airbus SAS announced an agreement with lessor Doric Asset Finance Ltd. for 20 A380 superjumbos valued at $8.1 billion at list price, in a boost for the world’s largest passenger jet that’s struggled to win business.
The rivalry over engine sales for more than 1,100 narrow-body jets flared anew when a fuel-saving claim by a General Electric Co.-Safran SA joint venture spurred Pratt & Whitney to denounce the assertion as “garbage.”
The Swedish air force plans to decide whether to upgrade or replace its fleet of eight Lockheed Martin Corp. C-130 transport planes as part of a 10-year strategic program due to be formalized next year.