The Strategist

Airbus is preparing a record deal with Asian carriers


07/16/2018 - 08:38



The European manufacturer is working on a major agreement with two Asian air carriers: AirAsia and StarLux Airlines. The result of negotiations can be transactions totaling $ 29 billion.



According to Bloomberg, referring to its own sources, Airbus is working on a "blockbuster" agreement with AirAsia's largest carrier for the sale of aircraft for $ 23 billion.

In addition, Airbus is close to an agreement to sell wide-body airliners worth about $ 6 billion to the Taiwan StarLux Airlines start-up.

Officially, transactions have not yet been concluded. However, the parties may announce at least a part of the sale during the Airshow in Farnborough.

As noted by Bloomberg, the Malaysian airline, which is the second-largest customer for narrow-bodied airplanes of the A320 series, can acquire about 100 items of A321neo. In addition, negotiations are underway to order an additional 34 wide-body A330neo.

The purchase of A321neo may lead to the fact that AirAsia will overtake the Indian company Interglobe Aviation Ltd. as the largest buyer of narrow-bodied aircraft of the brand Airbus, expanding the order of the Malaysian carrier to 504 aircraft.

The possible deal is extremely important for Airbus: the choice of AirAsia in favor of the A330neo will support the manufacturer against the backdrop of heavy competition with Boeing, which has actively increasing sales of the 787 Dreamliner.

Earlier, the US aircraft manufacturer announced a 7% increase in shipments. In the first half of 2018, a Chicago-based Boeing company ordered 460 clean aircraft, while Airbus ordered only 206 pieces.

Aircraft builders rely on the growing Asian market: growth in flights in the region is constantly increasing, forcing carriers to expand the fleet. Earlier, Indian Vistara announced that it had ordered 13 Airbus A320neo from Airbus. Vistara is also waiting 6 Boeing 78 aircraft from the American manufacturer. The total purchase price exceeds $ 3 billion.

source: bloomberg.com




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