Farnborough Air Show Orders Reveal Jetliner Demand in Declineby and
Airbus, Boeing deals have half the value of 2015 Paris event
European company is clear winner with 70% of total sales
A lack of new models and concerns about the global economy limited plane purchases at this year’s Farnborough Air Show, where Airbus Group SE and Boeing Co. announced orders and commitments for jets worth $50 billion at list prices -- half the value they secured at last year’s Paris expo.
As Wednesday, usually the last day for major sales, drew to a close, the pair had won deals for 412 jets, compared with a final tally of 752 in Paris. Airbus was the clear winner after bagging orders for 285 aircraft worth $35 billion. The companies found buyers for only 20 wide-body planes between them.
Of the 127 aircraft sold by Boeing, 116 will go to Chinese customers:
BOEING ORDERS (in sequence announced)
|Xiamen Airlines||30||737 Max||$3.39B|
|Donghai Airlines||30||737 Max (25), 787-9 (5)||$4.07B|
|Standard Chartered||10||737 NG||$960M|
|TUI||11||737 Max (10), 787-9 (1)||$1.37B|
|Kunming Airlines||10||737 Max||$902M|
|Unidentified Chinese buyer||30||737 Max and NG||$3B+|
* Excludes previously recorded sales now disclosed as being to Air Europa and Egyptair, together with agreement of final terms on Volga-Dnepr purchase.
Airbus relied on discount carriers from southern Asia for the bulk of its deals, aided by Synergy, the holding company for South American brand Avianca:
|AirLease||4||A350-900 (3), A321 (1)||$1.04B|
|Synergy Aerospace||62||A320 Neo||$6.65B|