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.
Avions de Transport Regional, the world’s largest maker of turboprop airliners, has already eclipsed its 2013 target for firm orders as purchases from lessors helped swell its backlog to a record $6.5 billion.
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.
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.
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.
American International Group Inc. said it is open to new offers for its plane-leasing business and may pursue a public offering of the unit after a group of Chinese investors missed another deadline to buy the operation.
Airplane-leasing billionaire Steven Udvar-Hazy hates to wait. When the chairman and chief executive officer of Air Lease Corp. is ready to take off in his Gulfstream IV jet from Los Angeles’s Van Nuys Airport one August morning, he drives straight up to the plane in his black Volks- wagen Jetta, bounds up the stairway, throws off his suit jacket and hops into the pilot seat.
State-owned carrier will lease two 777-300ER planes from Los Angeles-based Air Lease for 12 years, co. says in e-mail. * Aircraft to be delivered in May and June 2015 NOTE: Air Lease has 155 aircraft, most <5 yrs old