At the Farnborough airshow last month, Airbus announced 93 firm order deals worth $57 billion at list prices, and 431 total new commitments including letters of intent and memoranda of understanding. Highlights of those announcements are shown below:
GOLDEN FALCON AVIATION (for Wataniya Airways): confirmed an order for 25 A320neos for Kuwait’s Wataniya Airways.
PEACH AVIATION: updated a previous deal for 10 A320neo, changing it to eight A320neo and two A321LRs.
SALAMAIR: signed an agreement to add six new A320neo.
SICHUAN AIRLINES: ordered 10 A350s, confirming a deal struck earlier this year.
STARLUX AIRLINES: signed a preliminary deal for 17 A350s.
UGANDA AIRLINES: signed a memorandum of understanding for two A330-800neo.
UNDISCLOSED CUSTOMER: order for 100 A320neo family aircraft.
UNDISCLOSED CUSTOMER: a preliminary deal for 80 A320neos with a leasing firm.
UNDISCLOSED CUSTOMER: has signed a commitment for six A330neo family aircraft.
U.S. AIRLINE START-UP: a commitment for 60 A220-300s.
VISTARA: a letter of intent to buy 13 A320neo aircraft and commitment to taking a further 37 A320neos from leasing firms.
VIVA AEROBUS: firmed up a deal for 25 incremental A321neo and 16 conversions of A320neos to A321neos.
That is a lot of business, with 93 firm orders announced at the show.
Before the show, Airbus announced a total of 206 firm orders for the year at the end of June. Yesterday Airbus sent their update at the end of July, after the show, and the order book is up to 214. Only one unidentified customer for eight A350s is classified as a firm order. This yields a total of only eight firm orders, compared with 93 firm orders and 431 total new commitments aircraft announced at the show. There is clearly a disconnect somewhere that needs reconciliation.
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