Encouraged by a bounty of sales commitments during the Paris Air Show, Airbus parent company EADS now predicts that the civil airframer will receive orders for 300 more aircraft than it previously projected for this year. While releasing its half-year financial results on July 31, EADS said it expects Airbus will receive orders for at least 1,000 airplanes and deliver between 600 and 610, up from last year’s 588.
Industry wisdom that civil aerospace is continuing its super-boom while defense prospects waiver was clearly confirmed in the headlines from last month’s Paris Air Show (June 17 to 23). The 50th staging of the biennial event was dominated by yet more airliner orders, plus breakthroughs in new aircraft coming to market and significant deliveries.
Backed by five launch customers from across Europe, Asia and North America committing to 102 aircraft, Boeing pressed the “Go” button for its long-anticipated 787-10 development on June 17. United Airlines, British Airways, Singapore Airlines, GE Capital Aviation Services (Gecas) and Air Lease stepped up to support the stretched, longer-range Dreamliner, and they appear to have been influential in shaping the design and performance goals.
The 2013 Paris Air Show is on track to be the one of the highest-value air shows ever in terms of new business announcements. A brief analysis by AIN showed that by the end of yesterday sales on the civil side alone had already topped $165 billion. This total covered airliners, helicopters, business aircraft and engines, but excluded any associated service contracts. It included a lot of as-yet unconfirmed options and commitments, but AIN did exclude any previously announced business (where the customer identity had simply been confirmed).
Boeing fired the starting pistol on the much-anticipated launch of the 787-10 here yesterday, in the process collecting order commitments for 102 airplanes from five customers across Europe, Asia and North America. Air Lease, United Airlines, GE Capital Aviation Services, British Airways and Singapore Airlines form the group of launch customers.
BOC Aviation (Hall 5, Stand D262) has grown from just another player in the aircraft leasing business to a prominent brand, and the world’s fifth largest aircraft lessor. Started in 1993 as Singapore Aircraft Leasing (Sale), it was acquired by Bank of China in December 2006 for $3.25 billion. In July 2007, its name was changed to BOC Aviation.
The Singapore Airshow is Asia’s largest aviation event and one of the three most important aerospace and defense exhibitions in the world. Held biennially, it is organized and managed by Experia Events. The 2014 event, to be held at the Changi Exhibition Centre February 11 to 16, will be the fourth since it started as Singapore Airshow in 2008, under the new organizers.
Boeing has left little doubt that it harbors bigger plans for its new plant in Charleston, South Carolina, where by the end of this year it expects to deliver three Dreamliners a month.
With increasing numbers of Airbus A380s in their fleets, Asian and Middle East airlines are growing impatient to start deploying the super-large widebodies on services to and from India. But the Indian government’s policy of sheltering national carrier Air India from competition is preventing carriers such as Lufthansa, Emirates and Singapore Airlines (SIA) from using aircraft larger than the Boeing 747 under the terms of existing air services agreements.
AJW Aviation has appointed Satvendar (Sam) Singh as chief commercial officer. He will be based in the Singapore office. Singh previously worked at Mubadala Aerospace MRO Network/SR Technics Switzerland, Singapore Airlines Engineering, ExecuJet Aviation Group and Pratt & Whitney/United Technologies, where he managed supply chain and logistics in California. Singh holds a bachelor of law degree, certificate in legal practice and an MBA in finance.