Airbus’s Bregier Targets 250 Plane Orders at Farnborough Show

Airbus Group SE’s head of planemaking said the company is targeting at least 250 orders at this week’s Farnborough Air Show, where its biggest buyer of narrow-body models bought 100 airliners on Tuesday.

Airbus can expect 5 percent annual growth as greater personal wealth in China contributes to a surge in air travel over the next two decades, Fabrice Bregier, who runs the manufacturer’s airliner unit, said Wednesday in an interview on French radio network Europe1 from the show outside London.

Fabrice Bregier at Farnborough.

Photographer: Luke MacGregor/Bloomberg

“Our objective is to consolidate our order book and have around 650 to 700 net orders this year,” he said.

The European planemaker’s orders so far at Farnborough total 223 aircraft valued at $28.3 billion, including 100 A321neos from low-cost carrier AirAsia Bhd., 72 of that model from Mumbai-based Go Airlines India Pvt. and 25 A320neos from Berlin-based Germania. Competing planemaker Boeing Co. has announced 121 orders at the show.

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