 Focus on Airbus A320Neo vs Boeing 737
Commercial airplane orders/commitments announced in Paris may total $60 billion, similar to 2010 Farnborough show, with Airbus capturing around 90%, says Jefferies analyst Howard Rubel (June 16 note).
Paris Air Show News
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Airbus SAS picked up momentum on its upgraded A320neo aircraft, winning 90 orders for the single- aisle jet on the first day of the Paris Air Show, as customers put pressure on Boeing Co. to respond with an all-new airliner.
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Ryanair Holdings Plc (RYA), Europe’s biggest discount airline, said it’s exploring a requirement for at least 200 single-aisle jets with Commercial Aircraft Corp. of China after signing an accord to help develop the C919 model.
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Lockheed Martin Corp. (LMT) may offer its latest warplane, the F-35 stealth fighter, to India in a bid to rejoin the Asian country’s $11 billion combat-jet competition after its older F-16 model was eliminated.
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Boeing Co. is leaning toward a bigger version of the 787 Dreamliner as the U.S. company seeks to out-maneuver Airbus SAS in a widebody jetliner market it reckons will be worth almost $2 trillion over the next 20 years.
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Bombardier Inc. (BBD/B) secured a launch customer for its CSeries plane while failing to land a major deal from Qatar Airways Ltd. after the Gulf carrier shelved an order and said it may buy Airbus SAS’s rival A320neo this week.
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General Electric Co. and Safran SA are likely to win an order for engines on the revamped A320neo aircraft from AirAsia Bhd, which is negotiating to buy at least 175 aircraft in what may be the biggest deal of the Paris Air Show, three people familiar with the negotiations said.
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European Aeronautic, Defence & Space Co. Chief Executive Officer Louis Gallois said investors would benefit from a higher proportion of freely traded stock, as two major shareholders consider cutting their stakes.
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SAS Group, the Scandinavian carrier, is set to order about 30 Airbus SAS A320neo aircraft at the Paris Air Show as it upgrades its fleet, two people familiar with the planned announcement said.
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AirAsia Bhd., Asia’s biggest budget carrier, is finalizing a “record” $17 billion purchase of 200 Airbus SAS A320 jets, the Sunday Times reported, without saying where it got the information.
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General Electric Co., the world’s biggest maker of jet engines, predicted it will pick up more than $10 billion worth of orders during this week’s Paris Air Show as airlines flock to more fuel-efficient models.
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Ryanair Holdings Plc, the second- biggest buyer of Boeing Co. jets, plans to work with China on the C919 plane that the country is designing to challenge the U.S. manufacturer and its rival Airbus SAS in the single-aisle market, a person with direct knowledge of the talks said.
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