PARIS – Day four at the Paris Air Show was once again busy with industry news and aircraft orders.
While there were several large orders including Boeing selling 737 MAX 10s to leasing firm AerCap and 125 Boeing 737 MAX 8s to an undisclosed customer, many orders from day four were smaller and less newsworthy. Below you will find a list of orders you may have missed from day four at the Paris Air Show.
Iran Air Tours Commits to 45 A320neo Aircraft
Iranian airline, Iran Air Tours, announced a commitment to 45 Airbus A320neo aircraft Thursday at the Paris Air Show.
Iran Air Tours currently operates a small fleet of Mcdonnell Douglas (MD) and Boeing aircraft that are nearing retirement age. With heavy economic sanctions against Iran recently being lifted, the carrier is taking advantage of Iran’s open trade environment to purchase these aircraft.
“The A320neo Family with its unique features enabling operational efficiency and reliability will contribute to our growth and expansion strategy,” said Majid Shekari, Chairman of Iran Airtour Airlines. “Our success as a domestic and regional airline will be reinforced by this investment in the world’s leading single-aisle aircraft”.
“This commitment for 45 A320neo Family aircraft demonstrates the confidence airlines have in our successful market leading single-aisle for its operational efficiency and unrivaled passenger comfort,” said Fabrice Brégier, Airbus COO and President Commercial Aircraft. “We are delighted to add Iran Airtour as a new Airbus customer and we look forward to our long-term partnership”.
For the order to become final, the purchase must be approved by the Office of Foreign Assets Control (OFAC).
Tibet Financial Leasing Signs for 20 A321neo Aircraft
Leasing agency, Tibet Financial Leasing, signed a Memorandum of Understanding (MoU) for 20 Airbus A321neo aircraft Thursday at the Paris Air Show. The order comes just three days after Tibet Financial Leasing became a launch customer for the 737 MAX 10 by ordering 20 737 MAX aircraft.
“We are convinced by the technical innovations, as well as by the combination of comfort and economics provided by the NEO”, said Wang Yanjun, President of Tibet Financial Leasing. “Our goal is to expand our customer base nationwide and in the wider international region and to contribute to the development of civil aviation.”
“Tibet Financial Leasing is our newest customer for the A320neo Family aircraft. Its airline customers will benefit from the unbeatable economics and in turn their passengers from the best in class cabin comfort for in all classes,” said John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft.
AirAsia to Order 14 More A320ceo Aircraft
AirAsia announced an order for 14 A320ceo aircraft Thursday at the Paris Air Show. The order now pushes the total number of A320 aircraft ordered by AirAsia to 592, solidifying their position as the largest buyer of the A320.
To date, AirAsia has taken delivery of 171 A320ceo and eight A320neo aircraft flying across their brands in Malaysia, India, Indonesia, Thailand and the Philippines.
Tony Fernandez, AirAsia Group Chief Executive Officer said: “Demand is very strong in AirAsia’s traditional countries, but now we have Indonesia, Philippines and India doing extremely well. The robust demand has led us to expand our fleet, and Airbus has been a great partner in finding us slots. We still need to find more aircraft to expand our regional reach and are actively sourcing from the leasing market. The competitive environment is at its best, coupled with a stable oil price. With the lowest cost in the world, AirAsia is back on aggressive growth.”
“We are pleased to announce our latest agreement from AirAsia,” said John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft. “We are proud that the A320 Family has played an important role in the success of AirAsia, providing the efficiency and reliability needed for the airline to keep its costs as low as possible. We look forward to working with AirAsia as it continues on its exciting journey, enabling more people to fly, more often, and at an affordable cost.”
Last year at the Farnborough Airshow, AirAsia announced an order for 100 A321neo aircraft. This past September, AirAsia took delivery of their first A320neo.
Ruili Airlines Announces Commitment for 20 737 MAXs
Chinese low-cost carrier, Ruili Airlines, signed a Memorandum of Understanding (MoM) for 20 Boeing 737 MAX aircraft Thursday at the Paris Air Show. The order is valued at $2.2 billion at list prices.
Founded in 2014, the Kunming Changshui International Airport based carrier currently operates a fleet of 14 Boeing 737 airplanes on 28 domestic routes. Ruili plans to expand its fleet to 40 aircraft by the end of 2020.
“We are very excited about adding more 737 MAX airplanes to our fleet,” said Xie Jinguo, General Manager, Ruili Airlines. “The 737 MAX’s promised efficiency, reliability and passenger comfort make it a very compelling airplane for us in our domestic and regional network.”
“We have been impressed by the remarkable development of Ruili Airlines over the past three years,” said Ihssane Mounir, senior vice president, Global Sales and Marketing, Boeing Commercial Airplanes. “We are honored to continue playing an important role in Ruili’s long-term success with the addition of the 737 MAX. The airplanes will further strengthen Ruili’s network by adding more domestic and regional routes in the years to come.”
Tassili Airlines Announces Order for Three 737-800s
Algerian airline Tassili Airlines announced an order for three Boeing 737-800 aircraft Thursday at the Paris Air Show. The three 737s will join Tassili’s growing fleet of four 737-800s and eight Bombardier Dash-8 family aircraft. The order is valued at $294 million at list prices.
“The 737 has played a critical role in the development of Tassili Airlines. We have grown from an oil charter operation to become a scheduled passenger airline, connecting North Africa with mainland Europe,” said Mr. Belkacem Harchaoui, Chief Executive of Tassili Airlines. “This order signifies an important next step in the development of the airline as we look to the future, adding additional capacity on to existing and new routes across the Maghreb, into France and beyond.”
“We are pleased that Tassili Airlines continues to show its commitment to the 737 following its first order with us for four 737-800s which delivered in 2011,” said Van Rex Gallard, vice president of Sales for Africa, Latin Americaand the Caribbean, Boeing Commercial Airplanes. “The 737’s unmatched performance and dispatch reliability are crucial for Tassili’s scheduled and charter operations, flying to and from a very challenging environment across North Africa.”
End of Show Remarks
At the conclusion of the 2017 Paris Air Show, the final order and commitment tally stands at 571 aircraft valued at $74.8 billion for Boeing and 326 aircraft valued at $39.7 billion for Airbus.
In a statement, John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft said: “Our commercial success this week at Paris extends our already diversified order backlog to a new industry record of over 6,800 aircraft, with 326 orders worth $40 billion.”
Boeing released a statement that played off the 737 MAX and claimed the company displayed “MAX Momentum at Record Paris Air Show.”