Latest news with #BenoitdeSaint-Exupery
UPI
12 hours ago
- Business
- UPI
Paris Air Show: Airbus gets nearly $21 billion in orders
Airbus executive vice president for sales of the commercial aircraft business, Benoit de Saint-Exupery (L), the Airbus chief executive officer of the commercial aircraft business Christian Scherer (C) and the chief executive officer of LOT Polish Airlines, Michal Fijol show agreement documents for purchasing Airbus A220-100 and A220-300 passenger jets at the 55th edition of the International Paris Air Show on Monday. Photo by Christophe Petit Tesson/ EPA-EFE June 19 (UPI) -- During the Paris Air Show, Airbus on Thursday reported robust orders of nearly $21 billion, while Boeing was in the background as it struggles with a host of issues. The European aircraft manufacturer reported 142 firm orders and an additional 102 jets under provisional agreements. Airbus customers include Saudi lessor AviLease and LOT Polish Airlines, with 40 orders each. All Nippon Airways ordered 27 jets and Riyadh Air ordered 25 A350-1000 wide bodies. Starlux in Taiwan ordered 10 Airbus airliners and EgyptAir expanded an order from 10 to 16 jets. Boeing kept a low profile at the Paris Air Show, but recently got a Qatar Airways 210 airliner order during an official U.S. government diplomatic visit in the Middle East. Despite Airbus orders surging at the air show, both aircraft manufacturers are experiencing backlogged orders as they continue to face supply issues. Air Lease Corp CEO John Plueger told CNBC, "Both Airbus and Boeing are all sold out to 2031 and '32 anyway. So how many follow-on orders into the '33, '34, '35 time frame are you really going to see? ... But overall, the demand environment remains very robust." An Airbus order and delivery summary as of May 2025 shows total orders at 24,836. Boeing did not do aircraft fly-bys or major promotions at the Paris show. CEO Kelly Ortberg was to attend, but that plan was disrupted by the Air India Boeing Dreamliner crash, which claimed at least 280 lives, including 39 people on the ground.
Daily Tribune
2 days ago
- Business
- Daily Tribune
Vietnam's Vietjet orders 100 Airbus A321neo planes
Vietnamese carrier Vietjet has ordered 100 single-aisle A321neo jets from Airbus, the European plane maker said Tuesday in the latest deal announced at the Paris Air Show. The deal would be worth almost $13 billion under 2018 catalogue prices. It includes an option for Vietjet, Vietnam's largest private airline, to buy a further 50 of the jets at a later date. 'This new agreement marks a significant milestone in our strategic partnership with Airbus,' said Vietjet chairwoman Nguyen Thi Phuong Thao. 'These modern and efficient aircraft have been instrumental in Vietjet's growth, helping us make air travel more accessible and affordable for millions, while strengthening our role as a connector for economic development, cultural exchange and global connectivity,' she added. Airbus executive vice president Benoit de Saint-Exupery noted the deal followed hot on the heels of a new order by Vietjet for 20 A330neo widebody aircraft. 'Together the A321neo and A330neo will be perfect partners for Vietjet to continue to spread its wings, efficiently matching capacity more closely to demand across its network,' he said in a statement. Vietjet operates a fleet of more than 100 Airbus aircraft. As of the end of May, more than 7,000 A321neo aircraft -- the largest of Airbus' best-selling A320neo family -- have been ordered by over 90 customers worldwide, Airbus said. The Vietjet deal came a day after Airbus announced orders for a total of more than 100 planes from Saudi companies Riyadh Air and AviLease and Polish airline LOT. Those deals were worth nearly $20 billion at 2018 catalogue prices -- which Airbus has since phased out, as final sale prices vary according to contract terms and the version of an aircraft. Airbus rival Boeing has meanwhile said its focus at the Paris Air Show is on 'supporting customers' after the Air India crash last week.
Kuwait Times
2 days ago
- Business
- Kuwait Times
Vietnam's Vietjet orders 100 Airbus A321neo planes
LE BOURGET: Attendees tour the Paris International Air Show at the Paris–Le Bourget Airport, north of Paris, on June 17, 2025. – AFP LE BOURGET: Vietnamese carrier Vietjet has ordered 100 single-aisle A321neo jets from Airbus, the European plane maker said Tuesday in the latest deal announced at the Paris Air Show. The deal would be worth almost $13 billion under 2018 catalogue prices. It includes an option for Vietjet, Vietnam's largest private airline, to buy a further 50 of the jets at a later date. 'This new agreement marks a significant milestone in our strategic partnership with Airbus,' said Vietjet chairwoman Nguyen Thi Phuong Thao. 'These modern and efficient aircraft have been instrumental in Vietjet's growth, helping us make air travel more accessible and affordable for millions, while strengthening our role as a connector for economic development, cultural exchange and global connectivity,' she added. Airbus executive vice president Benoit de Saint-Exupery noted the deal followed hot on the heels of a new order by Vietjet for 20 A330neo widebody aircraft. 'Together the A321neo and A330neo will be perfect partners for Vietjet to continue to spread its wings, efficiently matching capacity more closely to demand across its network,' he said in a statement. Vietjet operates a fleet of more than 100 Airbus aircraft. As of the end of May, more than 7,000 A321neo aircraft—the largest of Airbus' best-selling A320neo family—have been ordered by over 90 customers worldwide, Airbus said. The Vietjet deal came a day after Airbus announced orders for a total of more than 100 planes from Saudi companies Riyadh Air and AviLease and Polish airline LOT. Those deals were worth nearly $20 billion at 2018 catalogue prices—which Airbus has since phased out, as final sale prices vary according to contract terms and the version of an aircraft. Airbus rival Boeing has meanwhile said its focus at the Paris Air Show is on 'supporting customers' after the Air India crash last week.- AFP
The Star
3 days ago
- Business
- The Star
Vietnam's Vietjet orders 100 Airbus A321neo planes
LE BOURGET, France: Vietnamese carrier Vietjet has ordered 100 single-aisle A321neo jets from Airbus, the European plane maker said Tuesday (June 17) in the latest deal announced at the Paris Air Show. The deal would be worth almost US$13 billion under 2018 catalogue prices. It includes an option for Vietjet, Vietnam's largest private airline, to buy a further 50 of the jets at a later date. "This new agreement marks a significant milestone in our strategic partnership with Airbus," said Vietjet chairwoman Nguyen Thi Phuong Thao. "These modern and efficient aircraft have been instrumental in Vietjet's growth, helping us make air travel more accessible and affordable for millions, while strengthening our role as a connector for economic development, cultural exchange and global connectivity," she added. Airbus executive vice president Benoit de Saint-Exupery noted the deal followed hot on the heels of a new order by Vietjet for 20 A330neo widebody aircraft. "Together the A321neo and A330neo will be perfect partners for Vietjet to continue to spread its wings, efficiently matching capacity more closely to demand across its network," he said in a statement. Vietjet operates a fleet of more than 100 Airbus aircraft. As of the end of May, more than 7,000 A321neo aircraft -- the largest of Airbus' best-selling A320neo family -- have been ordered by over 90 customers worldwide, Airbus said. The Vietjet deal came a day after Airbus announced orders for a total of more than 100 planes from Saudi companies Riyadh Air and AviLease and Polish airline LOT. Those deals were worth nearly $20 billion at 2018 catalogue prices -- which Airbus has since phased out, as final sale prices vary according to contract terms and the version of an aircraft. Airbus rival Boeing has meanwhile said its focus at the Paris Air Show is on "supporting customers" after the Air India crash last week. - AFP
Time of India
04-06-2025
- Business
- Time of India
1,260 aircraft due: IndiGo, Air India among Airbus' biggest customers with largest backlog
Airbus has said that IndiGo and Air India have become two of its three largest airline customers globally in terms of aircraft backlog. According to Benoit de Saint-Exupery, Executive Vice President (sales, commercial aircraft) at Airbus, the European aerospace company has to deliver 916 aircraft to IndiGo and 344 to Air India. A majority of these aircraft are narrow-body models. Malaysia-based AirAsia Group, which earlier operated a joint venture airline in India with the Tata Group, holds the second position with 393 planes in its backlog. Speaking in Delhi during the International Air Transport Association (IATA) Annual General Meeting, Benoit offered a positive update for airlines waiting for delayed aircraft deliveries. 'We are seeing the first signs of stability in supply chain. We (are) now back to the pre-Covid level of producing 60 A320 family of single aisle planes every month and hope to increase this number to 75 by 2027. We have the orders and are ramping up production and every commercial (Airbus) aircraft that's flying going forward will be made partly made in India,' he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks Undo When asked whether the combined order book of 1,750 aircraft from IndiGo and Air India makes a case for a final assembly line (FAL) in India, Benoit said, 'We will have final assembly lines on the other products (one for H125 helicopters for its civil range and other for C295 military aircraft). On commercial aircraft side, we are looking at expanding our footprint with industry here in India. Sourcing from India has much value than an FAL for commercial aircraft and we are constantly increasing the same from here.' Benoit added that Airbus sourcing from India stood at $500 million in 2020. That figure crossed $1 billion in 2023 and reached $1.4 billion last year. 'We will reach $2 billion before the end of the decade,' he said. Live Events Remi Maillard, President of Airbus India and Managing Director of South Asia region, said, 'India is not only a market for us. It has become a strategic resource and industrial base for Airbus.' Speaking again on the delays in deliveries caused by supply chain disruptions, Benoit said, 'Now we are seeing the first signs of stability in the supply chain. But you, you never quite rest because, as we all know, the situation can change quite quickly nowadays.' The rising backlog of aircraft to Indian carriers highlights the country's growing importance in the global aviation market. At the same time, Airbus's increasing sourcing from India reflects the company's broader strategy of deepening its industrial engagement in the country, even as it focuses on production ramp-up to meet global demand. (with ToI inputs)
