FARNBOROUGH 2016: Airbus tots up $35bn in orders and MOUs

Airbus rounded off the business days at Farnborough with a total of 197 firm orders valued at $25.3 billion and MOUs for 82 aircraft worth $8.7 billion.

The firm order figure was made up of 187 A320neo family aircraft, two A330s and eight A350s. The value figure incorporated order changes featuring size upgrades, such as Norwegian’s switch of 30 A320neos into A321LRs.
The company’s COO–customers John Leahy reported that this year has seen a record number of switches to A321s.

Airbus announced during the week that it plans to reduce production of the A380 to 12 a year from 2018. Leahy confirmed that the resources would be put to use in taking the A320 production line to the planned 60 a month towards the end of the decade.

Quizzed on whether the large numbers of aircraft on order by airlines such as Go Air and AirAsia were riskier than the Boeing 737 MAX’s major customers Southwest Airlines and Ryanair, Leahy responded, “No, AirAsia is already operating more than 200. We have a record backlog and the biggest problem we have is building what we’ve committed to.”

Bernie Baldwin, editor, Low-Fare & Regional Airlines/laranews.net
Farnborough, UK

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