Paris Air Show Day 3: Eyes focus on Boeing for more MAX commitments

June 18, 2019, © Leeham News: As the Paris Air Show prepares for Day 3 (June 19, Paris time), eyes will be on Boeing to see whether another commitment for the 737 MAX will be forthcoming.

Headlines the first day were split between Boeing’s early morning briefing in which executives apologized for the fatalities on the Lion Air and Ethiopian crashes, sympathies to their families and disruptions to the airlines for the groundings and the Airbus launch of the A321XLR.

Tuesday’s headlines belonged to Airbus until 4:30pm when International Airlines Group, the parent of British Airways, Iberia, Aer Lingus, Vueling and LEVEL, announced a commitment for 200 MAX 8s and MAX 10s.

If any such order was to come at the air show, observers expected it to be from Ryanair, whose CEO Michael O’Leary already had publicly endorsed the MAX and said he could order more.

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Paris Air Show, Day 2: Orders and commitments

June 18, 2019, © Airfinance Journal: Boeing received a much-needed vote of confidence in its grounded 737 Max aircraft with a commitment for 200 of the type from IAG.

Nonetheless, the US manufacturer failed to register a firm order from the second day in a row.

Airbus, in contrast, continued to build momentum for its new A321XLR with orders and commitments from IAG and Cebu Pacific.

CFM also had a good day, registering big orders from lessors and AirAsia for its LEAP engine.

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IAG (British Air) gives huge boost to MAX

June 18, 2019, © Leeham News: In a major vote of confidence for the embattled Boeing 737 MAX, International Airline Group (IAG), parent of British Airways, Vueling, Iberia, LEVEL and Aer Lingus, signed a letter of intent late today for 200 737-8/10s.

This is a huge shot in the arm Boeing, which until the Paris Air Show, hadn’t booked an order in two months following the March 13 grounding of the MAX.

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Airbus CEO says the airline industry must cut carbon emission with 50% by 2050

By Bjorn Fehrm 

June 18, 2019, ©. Leeham News: Airbus new management team has set the company ambitious targets for the future. These not only describe how to develop and produce new, more competitive airliners but also defines Airbus’ contribution to a sustainable aviation industry, contributing its part in the fight against climate change.

The new Airbus CEO, Guillaume Faury said at the opening of the Paris Air show “We must find a way to decarbonized aviation. This is for our generation to do. It’s expected of us by the flying public and by society”.

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Airbus launches long-expected A321XLR with ALC order; lessor also orders A220-300

By Judson Rollins

June 17, 2019, © Leeham News, Paris: Airbus launched its much-awaited A321XLR today with an initial order of 27 airplanes from lessor Air Lease Corp. ALC also ordered another 23 A321neos, which can optionally be taken as A321LRs. This brings ALC’s total Airbus order count to 387, making it Airbus’s third largest lessor.

Airbus also announced that ALC has ordered 50 A220-300s to be delivered between 2021 and 2026. ALC is the largest lessor to date to order the former C-Series aircraft. ALC executive chairman Steven Udvar-Hazy said, “We believe this aircraft will be a wonderful replacement for aging A319s, 737s, Fokker 100, BAe-146s, and other smaller jet aircraft.”

 The order is structured as a letter of intent. ALC chief executive John Plueger said the LoI covers “all commercial business points” but that it will be converted to a firm order once certain terms are firmed on the A220 portion of the order.

Airbus Chief Commercial Officer Christian Scherer declined to discuss catalog pricing for the A321XLR.

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Paris Air Show Orders, Day 1

June 17, 2019, (c) Leeham News: Here are the orders and commitments for Day 1 of the Paris Air Show, courtesy of Airfinance Journal.

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How useful is an Airbus A321XLR? Part 2

By Bjorn Fehrm

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Introduction

June 13, 2019, © Leeham News: Last week we looked at the route structures an Airbus A321XLR could support compared with the original A321LR. We could see the A321XLR is a more flexible long-range aircraft than the A321LR.

It covers trans-Atlantic routes from Mid-US to mid-Europe and it can for several route types replace larger aircraft, thus allowing increased frequency on existing routes or the start of new thinner routes than possible with widebody aircraft.

This all assumes the economics of the A321XLR and a widebody like the Airbus A330neo or Boeing 787 are comparable. We use our Aircraft Performance Model to find out.

Summary:
  • Our comparison over a typical long-range route shows the operating costs of an A321XLR and an A330-800 or 787-8 are close.
  • This creates flexibility for the airlines. The A321XLR can open new, thinner routes between secondary city pairs or increase the frequency on established long-haul routes.
  • It can also serve routes during off-peak hours or during the slower winter period. All that’s needed whether the route is within the range capability of the A321XLR.

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How useful is an Airbus A321XLR?

By Bjorn Fehrm

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Introduction

June 6, 2019, © Leeham News: There are growing rumors Airbus will launch the extended range A321XLR at the Paris Air Show on June 17th. The aircraft will get more fuel and takeoff weight to enable an A321 to fly longer routes, penetrating deeper into the US and Europe for a trans-Atlantic use case.

Operators can now choose between longer routes than for the A321LR or the same routes while carrying more passengers. We use our performance model to find out the limits of this trade.

Summary:

  • The A321XLR turns the trans-Atlantic capability of the A321LR from coast to coast opportunities into a mid-US to mid-Europe capability.
  • As the seat mile cost of the A321LR and A321XLR are competitive with the A330neo and Boeing 787, the A321XLR opens for thin and long service to several new city pairs.

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2019 Paris Air Show Preview

By Vincent Valery

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June 3, 2019, © Leeham News: The 2019 Paris Air Show kicks off in two weeks at the Le Bourget Exhibition Center.

In this preview, we will go over what to expect from commercial aircraft OEMs.

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Pontifications: 50×2

By Scott Hamilton

June 3, 2019, © Leeham News: Airbus and Embraer are 50 years old this year.

Airbus broke out the party hats last Wednesday. It arranged a formation flying of all its in-production aircraft, including the Beluga XL. It launched a website microsite with its history. A new book, Airbus, The First 50 Years, has been issued. A celebration is planned for the Paris Air Show.

Embraer’s anniversary is Aug. 19, so at this point, its party plans haven’t been solidified, but there will likely be something at the Paris Air Show. Embraer plans to have its new specially painted E195-E2 at the air show.

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