There are no comments.
An Emirati couple watches the new Airbus A350 during a flight display at the Dubai Airshow on Sunday. Neither Airbus, nor Boeing had much to celebrate by the close of the biennial Dubai event’s on third day, with barely $4bn of new orders unveiled - excluding Boeing’s Jet deal but factoring in two 777 freighters sold to Abu Dhabi’s Etihad Airways. That compares with a record $179bn of jetliner transactions announced at the last show in 2013.
Bloomberg
Dubai
Airbus Group escaped order oblivion at the Dubai Airshow after negotiating a last-minute agreement to sell 30 narrow-body planes to VietJet Aviation - prompting the European planemaker to take a swipe at Boeing Co over the announcement of a deal that had already been booked.
VietJet agreed to buy nine current-generation A321s and 21 upgraded A321neos worth $3.6bn at list prices after negotiations that carried on into the night Monday and were concluded shortly before the order announcement on Tuesday morning, John Leahy, Airbus’s sales chief, said at the Dubai expo.
“This shows it was a real deal,” Leahy said, jabbing at the hoopla over Boeing’s $8bn sale of 75 single-aisle 737 planes to Jet Airways India Ltd that it emerged had been on its rival’s books for the best part of two years.
Neither manufacturer had much to celebrate by the close of the biennial Dubai event’s on the third day, with barely $4bn of new orders unveiled - excluding Boeing’s Jet deal but factoring in two 777 freighters sold to Abu Dhabi’s Etihad Airways. That compares with a record $179bn of jetliner transactions announced at the last show in 2013.
Airbus itself coughed up an order on Monday that had already been declared when it said that British Airways parent IAG SA had agreed to buy 15 A320neos and four twin-aisle A330s. The London-based company had announced the deal last Thursday, three days before the show.
VietJet’s purchase also did nothing to disguise the fact that Airbus’s flagship A380 superjumbo is headed for a third year without a new airline customer if Leahy fails to conjure a deal in the next 7 1/2 weeks. The executive said in Dubai he’s working with two potential buyers on a total of 32 planes, so could still make good on a June pledge to bring in 25 orders this year, though the talks could equally run into 2016. Saudi Arabian Airlines and Royal Air Maroc have said they’re interested in the double-decker.
Both Airbus and Boeing are struggling to find buyers after already filling their order books with contracts for a succession of new aircraft models introduced over the past decade.
Gulf customers, who dominated previous Dubai shows, have been particularly prominent in racking up huge backlogs. Leading local operator Emirates, the world’s biggest long-haul carrier, is also stalling on follow-on A380 orders as it seeks a re-engined version, while President Tim Clark has declined to decide on Airbus’s latest A350 wide-body until he sees more performance data.
Airbus’s order blank in the first two days of the expo was unusual because the Toulouse-based company has traditionally gone out of its way to make a splash at such events, front-loading announcements to make early headlines, schmoozing would-be customers to bring in deals, and even - according to Boeing - storing up contracts to maximise the end-of-show tally.
There are no comments.
Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.
Some 60mn primary-school-age children have no access to formal education
Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions
The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged
Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.
The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.
Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.