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Airbus Targets More Than 100 A320neo Orders Before Month Ends

Airbus SAS’s chief salesman said he’s confident the planemaker will pass 2,000 orders for the A320neo by month’s end, meaning he expects to log orders for about 120 additional planes worth $12 billion at list price.

Airbus has 1,878 firm orders for the series, meaning it would need only 122 orders to reach 2,000, John Leahy, who run sales at the Toulouse, France-based planemaker, told aircraft brokers at the ISTAT conference in Orlando today. The A320neo sells for $100 million, with the price lower for the 319neo and higher for the A321neo. Customers typically get discounts.

Since Airbus first committed in December 2010 to offering its existing single-aisle series with new engines, airlines have rushed in to make it Airbus’s best-selling plane ever. Deutsche Lufthansa AG (LHA), which has already ordered 30, has said it’s looking to buy 100 short- to mid-range planes. And Turkish Airlines (THYAO) is also considering an order for at least 100 single- aisle planes, according to the airline.

The A320neo, which offers two engine choices, is scheduled for entry into service in October 2015. Boeing Co. (BA), which originally balked at offering a re-engined version of its own, single aisle 737, has followed suit with a plane now known as the 737 Max. That plane, which has won 1,185 orders, is scheduled for delivery two years after the Airbus model.

ISTAT is the International Society of Transport Aircraft Traders.

To contact the reporters on this story: Susanna Ray in Seattle at sray7@bloomberg.net; Andrea Rothman in Toulouse at aerothman@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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