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Paris Air Show: Airbus gets nearly $21 billion in orders
Paris Air Show: Airbus gets nearly $21 billion in orders

Yahoo

time9 hours ago

  • Business
  • Yahoo

Paris Air Show: Airbus gets nearly $21 billion in orders

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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Paris Air Show: Airbus gets nearly $21 billion in orders
Paris Air Show: Airbus gets nearly $21 billion in orders

UPI

time12 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.

Statement - Minister Joly welcomes Airbus' sale of A220 aircraft to LOT Polish Airlines
Statement - Minister Joly welcomes Airbus' sale of A220 aircraft to LOT Polish Airlines

Yahoo

time4 days ago

  • Business
  • Yahoo

Statement - Minister Joly welcomes Airbus' sale of A220 aircraft to LOT Polish Airlines

PARIS, June 16, 2025 /CNW/ - Today, the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, issued a statement congratulating Airbus and LOT Polish Airlines on their sales agreement regarding A220 aircraft. "Global trade is more uncertain and the geopolitical landscape is shifting, but Canada is forging ahead to strengthen ties with trusted partners—and strengthening the strategic industries that will anchor our economic security for decades to come. "Today's announcement at the Paris Air Show about the sale of A220 aircraft to LOT Polish Airlines is great news for Canada and its aerospace workers. "This represents another in a long list of airlines adding the A220 to its fleet, a clear signal of international confidence in Canadian innovation and industrial strength. "The A220 is a made-in-Canada success story: designed and developed here, assembled in Mirabel, Quebec, and supported by a world-class Canadian supply chain and Canadian talent. "This is more than an aircraft sale. It's a testament to the strength of the Canada-Poland and Canada-EU relationship in an increasingly competitive global economy. "The order will help create and maintain thousands of high-paying jobs across the country and reinforce global recognition for a Canadian aircraft that's changing the game. "This is what we mean when we say the next era is about building in Canada—with Canada." Stay connected Find more services and information on the Innovation, Science and Economic Development Canada website. Follow Innovation, Science and Economic Development Canada on social media. X (Twitter): @ISED_CA | Facebook: Canadian Innovation | Instagram: @cdninnovation | LinkedIn: Innovation, Science and Economic Development Canada Search for related information by keyword: Economics and Industry | Innovation, Science and Economic Development Canada | Canada | Business and industry | general public | media advisories | Hon. Mélanie Joly SOURCE Innovation, Science and Economic Development Canada View original content: Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Statement - Minister Joly welcomes Airbus' sale of A220 aircraft to LOT Polish Airlines Français
Statement - Minister Joly welcomes Airbus' sale of A220 aircraft to LOT Polish Airlines Français

Cision Canada

time4 days ago

  • Business
  • Cision Canada

Statement - Minister Joly welcomes Airbus' sale of A220 aircraft to LOT Polish Airlines Français

PARIS, June 16, 2025 /CNW/ - Today, the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, issued a statement congratulating Airbus and LOT Polish Airlines on their sales agreement regarding A220 aircraft. "Global trade is more uncertain and the geopolitical landscape is shifting, but Canada is forging ahead to strengthen ties with trusted partners—and strengthening the strategic industries that will anchor our economic security for decades to come. "Today's announcement at the Paris Air Show about the sale of A220 aircraft to LOT Polish Airlines is great news for Canada and its aerospace workers. "This represents another in a long list of airlines adding the A220 to its fleet, a clear signal of international confidence in Canadian innovation and industrial strength. "The A220 is a made-in-Canada success story: designed and developed here, assembled in Mirabel, Quebec, and supported by a world-class Canadian supply chain and Canadian talent. "This is more than an aircraft sale. It's a testament to the strength of the Canada-Poland and Canada-EU relationship in an increasingly competitive global economy. "The order will help create and maintain thousands of high-paying jobs across the country and reinforce global recognition for a Canadian aircraft that's changing the game. "This is what we mean when we say the next era is about building in Canada—with Canada." Stay connected Find more services and information on the Innovation, Science and Economic Development Canada website.

LOT Polish Airlines started direct flights to Malaga
LOT Polish Airlines started direct flights to Malaga

Travel Daily News

time02-06-2025

  • Business
  • Travel Daily News

LOT Polish Airlines started direct flights to Malaga

In line with its strategy for 2024-2028 and responding to clear market and passenger demand, LOT Polish Airlines is expanding its scheduled network with another attractive destination. This latest addition invites travellers aboard LOT's comfortable aircraft to Malaga, with the inaugural flight set for 15 January 2026. During the winter months, flights between Warsaw and Malaga will depart on Monday, Thursday, Friday, and Sunday at 10:20, with return flights leaving Malaga on the same days at 15:35. From 24 February, frequency will rise to six weekly flights. Flight duration is around four hours. 'The launch of our new Malaga route directly reflects genuine market demand and marks a significant step forward in improving connections between Poland and Andalusia. Costa del Sol has been increasingly popular among Polish travellers in recent years, chosen by over 100 thousand Poles as their holiday destination last year alone. With its Mediterranean sunshine, exceptional culture, and vibrant Andalusian charm, Malaga continues to attract growing numbers of visitors seeking warm weather, local tastes, and authentic experiences. I am confident that our passengers will love this newest addition to our Spanish route network.' says Robert Ludera, Commercial Proxy and Director of Network Planning at LOT Polish Airlines. Malaga's charm lies not just in its inviting Spanish warmth and flair, but also in its outstanding climate. With over 300 sunny days per year and average temperatures around 23°C, summer lasts distinctly longer here than in much of Europe. Malaga is a city brimming with history that is visible at every turn. Wherever you look, echoes of the past transport you back through the centuries. The Roman legacy is perfectly captured by the Teatro Romano, dating back to the 1st century, while the Alcazaba Fortress, Malaga's most significant Moorish landmark, offers beautifully preserved ruins and breathtaking views across the city.

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