Airbus clinches US$72.2 billion of orders at show


European planemaker Airbus has secured 730 aircraft orders and commitments at the Paris Air Show worth US$72.2 billion at list prices, sales chief John Leahy said yesterday.

The commitments comprise Memorandum of Understanding (MoU) for 312 aircraft worth US$28.2 billion and firm purchase orders for 418 aircraft worth around US$44.0 billion.

The A320neo family was the star of the week by winning an unprecedented 667 commitments worth some US$60.9 billion. Furthermore, this means that total A320neo family backlog since its launch in December 2010 has now reached 1 029 units.
“Le Bourget 2011 is a strong confirmation of our product strategy. With over 1 000 commitments just half a year after launch our A320neo is a real bestseller,” said Tom Enders, Airbus President and CEO.” “I have to admit, I largely underestimated the market demand for neo before this show.”

The standard A320 family also fared well, having received 34 commitments worth US$2.8 billion at the show. Commitments were also received for 11 A330s worth US$2.4 billion, six A350s worth US$1.6 billion, and 12 A380s worth US$4.5 billion.

Leahy said Airbus may announce a further order at the air show, hinting that it could come from Gulf carrier Qatar Airways.

The number of planes sold at the show beat Airbus’ previous air show record of 728 aircraft, Airbus said.