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.
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.
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”.
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.
June 17, 2019, (c) Leeham News: Here are the orders and commitments for Day 1 of the Paris Air Show, courtesy of Airfinance Journal.
By Bjorn Fehrm
Subscription Required
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.
By Bjorn Fehrm
Subscription Required
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:
May 31, 2019, ©. Leeham News: Last week the new Airbus CTO, Grazia Vittadini, said we should not expect electric aircraft anytime soon when presenting at Airbus Innovation days. What is realistic is hybrid developments, not battery-based designs.
After having made the basic checks about Electric aircraft in my Corner series 18 months ago, this was music to my ears. Finally, someone was curbing expectations.