Thursday, July 14, 2016

Farnoborough 2016 aircraft orders

The 2016 Farnborough Air Show which took place in the UK this week revealed 4 major aircraft orders worth mentioning as the industry is on the edge as a result of falling yields and revenues worldwide. 

The 4 main orders placed at the show were as follows:

  1. Virgin Atlantic announced a deal to purchase 12 Airbus A350-1000s which have been ear marked to replace their B747-400 / A340-600 fleet at both LHR + LGW. 
  2. Air Asia (the main Malaysia franchise) announced a mega deal to purchase 100 Airbus A321NEOs to be configured with 236 seats
  3. Egypt Air placed an order for 9 new Boeing 737-800NGs 
  4. Norwegian exchanged a previous order of 100 A320NEOs to include 31 A321NEOs part of the deal. It stated that it shall use these aircraft on Europe-U.S. East Coast trans-atlantic flights

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