Latest news with #A350-900
Time of India
a day ago
- Business
- Time of India
Paris Air Show 2025 turns in Airbus's favour with multi-billion dollar deals as Boeing reels from 787 Dreamliner crash fallout
The Paris Air Show , one of the biggest global events for the aerospace industry, is underway, but 2025's atmosphere feels different. While Airbus celebrated $21 billion worth of aircraft orders, rival Boeing maintained a quiet presence following the tragic Air India Flight 171 crash, which killed over 270 people last week. Airbus Takes the Lead With Major Orders European aircraft maker Airbus signed multiple new deals at the show, including: 10 long-haul jets ordered by Starlux Airlines from Taiwan 2 A350 freighters ordered by MNG Airlines 6 A350-900 jets revealed to be ordered by EgyptAir 40 A220 aircraft for LOT Polish Airlines Up to 150 single-aisle jets in a deal with VietJet Big wins in Saudi Arabia, including orders from Riyadh Air and AviLease In total, Airbus secured 148 firm orders worth around $14.2 billion, and another 102 provisional orders estimated at $6.7 billion, according to Cirium Ascend. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa For Sale in Dubai Might Surprise You Villas in Dubai | Search ads Learn More Undo Airbus's planemaking CEO, Christian Scherer, opened each announcement with condolences for the victims of the India crash. 'It is an air show with a regrettable tragedy that has affected all of us,' he told Reuters. Boeing Holds Back Amid Grief and Investigation In contrast, Boeing chose not to announce any major orders. The American company pulled back from its usual air show presence to focus on the investigation into the Air India crash. Live Events Top executives, including CEO Kelly Ortberg, cancelled their attendance, with a statement saying they needed to 'be with our team and focus on our customer and the investigation.' At Boeing's booth, visitors noticed bouquets of flowers and a framed message that read: 'Honouring those affected by Air India Flight 171.' Boeing's Turbo Sjogren said the tragedy had 'affected all of our employees,' describing the show's tone as 'very different' for the company. Talks and Missed Deals There had been rumours of a possible AirAsia mega deal at the show, with CEO Tony Fernandes saying discussions are ongoing to buy up to 70 A321XLRs and 100 A220s or Embraer E2 regional jets. However, the deal is likely to be finalised later, after AirAsia completes its financial restructuring. Meanwhile, Embraer confirmed an order for 60 E175 jets from SkyWest Airlines, with rights to buy 50 more. Supply Chain Issues Easing Despite high demand, aircraft makers have been facing supply chain issues, especially with engine deliveries. Airbus said it has seen 40% fewer disruptions in early 2025 compared to the previous year. Inputs from agencies
Daily Tribune
2 days ago
- Business
- Daily Tribune
EGYPTAIR Expands Fleet with Order for Six Additional Airbus A350-900 Aircraft
TDT | Manama EGYPTAIR has announced a firm order for six more Airbus A350-900 aircraft during the Paris Air Show 2025, reinforcing its strategy to modernize its long-haul fleet and meet rising global travel demand. This new order brings the airline's total A350-900 commitment to 16 aircraft. Captain Ahmed Adel, Chairman and CEO of EGYPTAIR, said the move aligns with the carrier's growth plans and sustainability objectives: 'We are continuously working to modernise our fleet and deliver a more comfortable and optimised travel experience. This collaboration with Airbus builds on a long-standing relationship that spans decades. The A350 will support our network expansion over the next five years and contribute to Egypt's broader efforts to promote more sustainable air transport.' The A350-900, part of Airbus' newest widebody family, is renowned for its fuel efficiency and range. It can fly up to 9,700 nautical miles (18,000 km) non-stop while consuming 25% less fuel compared to previous-generation aircraft, translating to significantly lower CO₂ emissions. Each aircraft will feature Airbus' next-generation Airspace cabin with wide seats, high ceilings, and soothing ambient lighting designed for passenger comfort on long-haul journeys. Benoît de Saint-Exupéry, Executive Vice President Sales at Airbus, welcomed the deepening relationship: 'This is the second time EGYPTAIR has placed an order for the A350, and it reflects the value and confidence the airline places in the aircraft. We look forward to supporting EGYPTAIR's success, growth, and decarbonisation ambitions.' The A350 is currently the most advanced widebody aircraft in production. It is certified to fly with up to 50% Sustainable Aviation Fuel (SAF) today, and Airbus aims to make its entire fleet 100% SAF-compatible by 2030. As of May 2025, Airbus has received over 1,390 orders for the A350 family from 60 customers worldwide. This strategic move places EGYPTAIR among leading global carriers investing in next-generation aircraft to offer passengers a superior travel experience while advancing environmental sustainability.
Business Insider
2 days ago
- Business
- Business Insider
EgyptAir expands fleet with six more Airbus A350s
EgyptAir has ordered six more Airbus A350-900 aircraft, bringing its total commitment for the model to 16. EgyptAir has ordered an additional six Airbus A350-900 aircraft, bringing its total commitment to 16 units. This purchase supports EgyptAir's expansion and sustainability objectives for long-haul travel. As of May 2025, the A350 model has secured over 1,390 orders from 60 global customers. EgyptAir has ordered six more Airbus A350-900 aircraft, bringing its total commitment for the model to 16, the airline's Chairman and CEO, Captain Ahmed Adel, announced on Wednesday. "It will enable us to meet the rising demand for long-haul travel, support our network expansion plans over the next five years, and contribute to Egypt's broader efforts to promote more sustainable air transport, ' said Captain Adel. The A350 is recognized as the world's most modern and fuel-efficient widebody aircraft, setting new standards in intercontinental travel. Powered by the latest generation Rolls-Royce engines, the A350-900 can fly up to 9,700 nautical miles (18,000 kilometres) non-stop while using 25% less fuel and producing 25% fewer carbon emissions than previous-generation aircraft. Commenting on the deal, Benoît de Saint-Exupéry, Airbus Executive Vice President of Sales, Commercial Aircraft, said: " This is the second time EGYPTAIR has placed an order for the A350 and the decision is a testament to the value the aircraft provides." The A350-900 features a spacious and modern Airspace cabin, offering wide seats, high ceilings, and soothing ambient lighting designed to enhance passenger comfort. In line with Airbus's sustainability goals, the aircraft is already capable of flying with up to 50% Sustainable Aviation Fuel (SAF), with a target to reach 100% SAF capability by 2030. At the end of May 2025, the A350 had won over 1,390 orders from 60 customers worldwide.
Time of India
02-06-2025
- Business
- Time of India
IndiGo Orders 30 More Airbus A350 Aircraft for Long-haul Push...
HighlightsIndiGo has exercised an option to purchase an additional 30 Airbus A350-900 aircraft, doubling its initial firm order from April 2024. The Airbus A350-900 aircraft will allow IndiGo to operate non-stop flights to various international destinations, challenging Air India's dominance in the sector. IndiGo's total confirmed order for the Airbus A350-900 now stands at 60 aircraft, with options for 40 more, marking a significant shift towards wide-body operations. IndiGo has exercised an option to purchase 30 additional Airbus A350-900 aircraft, doubling its initial firm order placed in April 2024, signalling an aggressive push into the long-haul international market. The A350-900s, powered by Rolls-Royce Trent XWB engines, will enable India's largest airline to operate non-stop flights to destinations in Europe, North America, and beyond, from major Indian metros. The move will enable IndiGo to challenge Air India 's dominance in the international sector. IndiGo chief executive Pieter Elbers said the fleet expansion will position the carrier as a global aviation player. The latest order brings IndiGo's total confirmed commitment for the A350-900 to 60 aircraft. It has options for 40 more. The planes are expected to arrive from 2027 onward. Currently operating a fleet of over 350 aircraft, mainly the narrow-body Airbus A320 family jets, IndiGo's foray into wide-body operations represents a significant strategic shift. It operates only two wide-body aircraft – Boeing 777s leased from Turkish Airlines, flying to Istanbul from Delhi and Mumbai.
Economic Times
02-06-2025
- Business
- Economic Times
IndiGo shares in focus after doubling Airbus A350-900 order
Live Events IndiGo Share Price Performance (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of InterGlobe Aviation , the parent company of IndiGo, are expected to be in focus on Monday after the airline announced it has signed a Memorandum of Understanding (MoU) with Airbus to convert 30 purchase rights into firm orders for Airbus A350-900 wide-body aircraft . This effectively doubles its earlier order of 30 jets placed in April 2024.'IndiGo, India's most preferred airline, announces the further strengthening of its fleet by signing an MoU with Airbus to enlarge its wide-body aircraft order by converting 30 aircraft out of its purchase rights for 70 into a firm order. This is yet another step in defining the airline's long-term plans for international expansion,' the company said in an exchange decision takes IndiGo's total firm order for the Airbus A350-900 to 60 aircraft, with purchase rights for an additional 40—marking a decisive step in the airline's global of these aircraft are expected to begin in A350-900, powered by Rolls-Royce's Trent XWB engines, will offer extended range and fuel efficiency, supporting IndiGo's plans to connect Indian metros with global destinations. This expansion aligns with the airline's strategy to diversify beyond its traditionally domestic-focused operations and offer customers more international travel in March 2025, IndiGo also began preparations for its long-haul operations with six temporarily leased wide-body jets, five of which are scheduled for delivery by aggressive fleet ramp-up underscores IndiGo's intent to secure a strong foothold in international aviation the past year, IndiGo shares have gained 28.16%. On a year-to-date (YTD) basis, the stock has risen by 16.16%. In the last six months, it has climbed 22.00%, while over the past three months, it has surged 19.04%. For the one month, the stock posted a more modest gain of 1.71%.The shares of IndiGo closed flat at Rs 5,333.45 on the BSE on Friday.
