Airbus, Boeing vie for US$21bil orders at airshow


After years of negotiations, Delta is expected to announce orders and commitments for as many as 130 of Boeing’s 737 Max 10 jetliners, providing an endorsement for the final and largest member of the narrow-body jet family, according to people familiar with its plans.

LONDON: Delta Air Lines Inc is poised to kick off the Farnborough International Airshow with orders for Boeing Co and Airbus SE jets as sales teams for the rival planemakers race to wrap up deals worth at least US$21bil (RM93.4bil) ahead of the industry’s largest trade expo.

The event outside of London marks the first large-scale gathering of industry leaders in three years and will serve to showcase billions of dollars in aircraft transactions.

It will also provide a measure of the global aviation industry’s recovery from a pandemic that flattened international travel, and serve as an update on logistics meltdowns and labour shortages that have hampered manufacturers’ efforts to speed up work in their factories.

Held as the UK issues an extreme heat warning, sustainability will also be a big topic.

After years of negotiations, Delta is expected to announce orders and commitments for as many as 130 of Boeing’s 737 Max 10 jetliners, providing an endorsement for the final and largest member of the narrow-body jet family, according to people familiar with its plans.

Atlanta-based Delta is also preparing to order a dozen of Airbus’s A220 jets, topping up an earlier deal.

A purchase order for 130 737 Max 10 jets and 12 A220s would be valued at around US$6.7bil (RM29.8bil), according to figures from leading aircraft appraiser Avitas.

Airbus may close a US$10bil (RM45bil)-plus deal for about 30 A330neo wide-body jets with Malaysia Airlines. Bloomberg News reported earlier this month that the European planemaker was leading a race against Boeing with the South-East Asian carrier.

Airbus could also seal orders for as many as 60 A220jets from LOT Polish Airlines SA.

Germany’s Condor Flugdienst GmbH, meanwhile, is in discussions with Airbus for as many as 40 A320neo family planes that could wrap up as soon as this week, some of the people said, asking not to be identified because the discussions are confidential. — Bloomberg

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