DBEA55AED16C0C92252A6554BC1553B2 Clicky DBEA55AED16C0C92252A6554BC1553B2 Clicky
May 29, 2024
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Activity slowed at FAS, as it typically does by the third day of an air show, but there was good transaction volume for the major players.

Airbus had an MOU for 6 A350-900s for Air Mauritius, breaking the dry spell for the A350. This is for four orders and two leased aircraft. Qatar will be seeking compensation for the A380 delivery delay.

ATR received an order from Myanma Airlines for 6+6 ATR-72-600s.

Boeing received confirmation of the 50+50 Qatar 777-9 MOU placed at Dubai, converting 50 to firm. Qatar also announced the intent to order four 777F, with options for an additional four. They also announced an order for two 787-9 from MG Aviation (a leasing company, operators of Arkia Israeli airlines), bringing their total to four. Hainan Airways announced a commitment for 50 737MAX8s. This brings the MAX total to 2,100 orders to date. (By comparison, the A320neo is over 3,000.) Boeing also confirmed an order for two 737-700C for Air Algerie.

Bombardier continued its best show in years with NOK Air converting two options to bring the Q400 total order book to 501, the first of two milestones today. The second milestone is CSeries commitments passing the 500 mark, with an LOI from an unidentified African carrier for five CSeries. This airline is an existing Bombardier customer, possibly Ethiopian. An additional order for up to 13 CS300s was placed by an undisclosed existing CSeries customer. The incremental order is for 7+6. CSeries commitments now total 513 with 20 customers, with 203 firm, likely to grow as LOIs are converted. Bombardier reached deals for an additional 66 CSeries at the show.

CFM announced orders for 80 LEAP engines from Mexico’s Interjet.

PW Canada’s PW150C has been chosen to power AVIC’s MA700 turboprop.

Stay tuned for more analysis next week.

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