At the show, the enthusiasm from the good old days comes back, said Airbus boss Guillaume Faury on Friday evening to journalists in Paris. Sales manager Christian Scherer announced customer orders for wide-bodied jets for the fair. Shortly before the fair, Airbus received orders for 60 medium-haul jets from the A320neo model family and 10 wide-bodied jets of the A350 type. The buyers would not be announced at the show, but the orders were still in the order book in June.
CEO Faury currently sees two major challenges for his industry: the expansion of aircraft production and the decarbonization of air traffic. Bottlenecks in the supply chain are currently slowing down the expansion of production. “There is a big gap between demand and supply,” said Faury, referring to the group’s bulging order books. Airbus therefore wants to significantly expand production. Nevertheless, he believes that the gap between demand and supply is likely to remain for several years to come.
The Paris Air Show begins this Monday (June 19) at Le Bourget Airport. The show normally alternates annually with the Farnborough Airshow south west of London. In 2021, the Paris Air Show was canceled due to the Corona crisis.
Mexico’s low-cost airline Viva Aerobus is probably facing a major order from Airbus
According to insiders, the European aircraft manufacturer Airbus could land a major order with the Mexican low-cost airline Viva Aerobus.
According to information from industry circles, the companies are in advanced talks about new Scarf aircraft. It is a three-digit number, i.e. at least 100 machines, said people familiar with the matter on Sunday to the Reuters news agency. A decision could be announced at the Paris Airshow this week.
“We currently have an ongoing order for A321neo with Airbus with deliveries until 2027,” said a spokesman for Viva Aerobus. So far, however, no new orders have been signed with an aircraft manufacturer. Airbus declined to comment.
The Mexican airline has long been courted in a battle for market share by Airbus and its rival Boeing. In 2013, after a fierce competition between the two leading aircraft manufacturers, Viva switched from Boeing to Airbus and ordered 40 aircraft worth up to four billion dollars.
Airbus stock with gains
In XETRA trading, the Airbus share rose by 0.49 percent to 131.96 euros. Before that, the shares had reached their highest level since February 2020 at just under 134 euros. In the year to date, Airbus has posted price gains of 18.7 percent, and the DAX is up 16.9 percent.
Meanwhile, Airbus sales manager Christian Scherer announced customer orders for wide-body jets for Le Bourget. Shortly before the fair, Airbus received orders for 60 medium-haul jets from the A320neo model family and 10 wide-bodied jets of the A350 type. The buyers would not be announced at the show, but the orders were still in the order book in June.
According to CEO Guillaume Faury, bottlenecks in the supply chain are currently slowing down the expansion of production. “There is a big gap between demand and supply,” said Faury, referring to the group’s bulging order books. Airbus therefore wants to significantly expand production. Nevertheless, he believes that the gap between demand and supply is likely to remain for several years to come.
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