Malaysia-based low cost carrier AirAsia has placed an order with Airbus for 100 Airbus A321neo. The order value is $12.6 billion This is the airline group’s first ever order for the extended variant of the popular A320neo family. The announcement was made by AirAsia Group Chief Executive Officer Tony Fernandes and Airbus President and CEO Fabrice Brégier at the Farnborough …Read More »
Daily Archives: July 12, 2016
Boeing announces orders for 737, 787 and 747-8 on day 2 #FAS16
On day two of the 2016 Farnborough airshow, Boeing has announced orders for the 747-8, 787-9 and the 737 family. TUI Group finalized an order for 10 737 MAX 8s, one 787-9 Dreamliner and an option on an additional 787-9. The order is valued at $1.4 billion at current list prices Air Lease Corporation announced an order for six 737 …Read More »
Analysis: GoAir signs MOU with Airbus for another 72 A320neos. Doubles order to 144.
Indian budget carrier GoAir has signed a Memorandum of Understanding (MoU) with European airframer Airbus to purchase another 72 A320neo aircraft. This effectively doubles GoAir’s A320neo existing 72 plane order, placed in 2011, to 144. GoAir is the third operator of the new aircraft, globally, after Germany’s Lufthansa, and India’s IndiGo. It has taken delivery of two A320neos as of …Read More »
Qatar Airways to buy 10% stake in LATAM
Qatar Airways has announced on the second day of the Farnborough airshow that it will acquire a 10% stake in LATAM airlines group. The airline will invest $618 million in the Latin carrier, according to Qatar chief executive His Excellency Akbar Al Bakar. He further said this investment is further proof of the airline’s commitment to oneWorld. LATAM is the …Read More »