Latest News

Aircraft orders are up at the Farnborough airshow, as Boeing and Airbus compete for deals

As the 'Farnborough International Airshow' opened on Monday, more aircraft orders are expected to be announced this week. The?British show is one of the largest gatherings in the sector. Sources in the industry said that despite expectations of 800 or more aircraft, 'dealmaking' is expected to fall short. This is because?Airbus &?Boeing are still struggling with production bottlenecks and supply-chain constraints.

Here are some of the most important deals that have been made so far.

SMBC AVIATION CAPITALS Boeing and SMBC Aviation Capital have announced that they have ordered 100 737-MAX aircraft, including 60 737-10 jets and 40 737-8 jets.

The 737-10 is SMBC Aviation Capital’s first order for the highest-capacity variant of the 737?MAX. SMBC announced that it had placed a firm 100 Airbus A320neo family aircraft order.

Airbus'?order includes 65 A321neos and 35 A320neos, and deliveries are expected to start in the first half decade of the?decade.

INDIGO India’s largest airline signed a memorandum with CFM International for the purchase of over 1,000 LEAP-1A engine. This would be a record-breaking deal?for an engine manufacturer that has been criticized by industry due to maintenance delays.

RIYADH AIR The 'Saudi carrier exercised its options on 28 'Boeing 787 Dreamliners, from an order placed in the year 2023. 20 of these aircraft were converted to the 787-10 variant.

The firm has also confirmed a further six Airbus A350 1000 aircraft orders, bringing its total A350 1000 order book up to 31 aircraft.

PHILIPPINE Airlines announced that it had placed a new order with Boeing for 20 Dreamliner 787-10 widebody twinjets. The order is composed of 15 firm orders, and five options.

Philippine Airlines, which has operated Boeing aircraft for many years, including the 777-300ERs it currently operates, has never before operated Boeing's Dreamliner 787-10.

Other Deals Japan's Skymark Airlines and Aviation Capital Group have agreed to lease seven Boeing 737 MAX 10 narrowbody twinjets. Deliveries will begin in 2028. Airbus' first order at the show was a commitment from UK's National Police Air Service to purchase two more H135 helicopters, bringing their fleet renewal program up to nine H135s. Delivery is expected to begin in 2028.

British Airways has announced that it will be ordering Pratt & Whitney GTF engine for up to 63 Airbus A320neo jets, 33 'firm orders' and 30 options. Singapore-based BOC Aviation has placed its largest ever engine order. It will purchase and option 300 CFM International engines in support of its growing Airbus and Boeing narrow body fleet.

(source: Reuters)