FIA18: Who won the commercial aircraft order race at Farnborough?

posted on 20th July 2018 by Justin Burns
FIA18: Who won the commercial aircraft order race at Farnborough?

As this year’s Farnborough International Airshow comes to a close – aircraft manfacturers are counting up their order books as they assess how successful the show was for them.

The last time the biennial event took place in July 2016, more than $124 billion in aircraft sales and commitment were placed by airlines and lessors, but 2018 has clearly passed that figure.

Boeing was arguably the biggest winner, as it secured a total of $98.4 billion in orders and commitments for commercial aircraft at list prices.

The US aircraft manufacturer said it received 673 orders and commitments in total, reflecting a continued resurgence in demand for freighters and strong order activity for the 737 MAX and 787 passenger aircraft.

Boeing added it won 48 orders and commitments for the 777F, five for the 747-8F, reflecting continued strengthening in the cargo market globally.

Customers it said also continued to demonstrate a “strong preference” for Boeing’s passenger aircraft portfolio, with 52 orders for the 787 and 564 for single-aisle 737 MAX, including a major commitment from VietJet for 100 aircraft and strong demand for the largest variant of the MAX family, with 110 orders and commitments for the 737 MAX 10.

Chief rival Airbus was not far behind by Boeing and the French aircraft manufacturer said during the iarshow it won further new business for 431 aircraft (93 firm orders and 338 MoUs). These 431 commitments comprise 60 A220-300s, 304 A320 Family aircraft, 42 A330neos and 25 A350 XWBs.

Notably, it said the 42 commitments for the new A330neo includes both the -800 and -900 models.Airbus also received a pre-show order for 60 A220-300s. It did not reveal the total financial figure of all the orders.

Regional aircraft provider Embraer received firm contracts and letters of intent (LoI) at the airshow – from eight customers for 300 new first and second-generation E-Jets are valued at $15.3 billion – if all options and purchase rights are exercised.

ATR won an order from Japanese regional carrier Hokkaido Air System which signed a Memorandum of Understanding (MoU) for two ATR 42-600s, with an option for a third, while ATR has also signed a further MoU with Colombian airline EasyFly for five ATR -600 series aircraft, bringing the number to eight aircraft.

Russian aircraft manufacturer Sukhoi Civil Aircraft Company gained an order from AeroPeru International which signed an LoI for 10 SSJ100 and 10 MS-21 aircraft.

Bombardier Commercial Aircraft secured a CRJ900 order as Uganda Airlines agreed to buy four CRJ900 regional aircraft. Based on the list price for the CRJ900 aircraft, the firm order is valued at approximately $190 million.

Meanwhile, the Commercial Aircraft Corporation of China Ltd (COMAC) won an order from the HNA Group (Hainan Airlines, Urumqi Air and Tianjin Airlines) which signed an LoI to purchase 20 arj 21 aircrafts. After delivery, the 20 aircraft will be operated by Urumqi Air, an HNA Group subsidiary.