Large Airliner Orders Come Back Into Fashion

United Kingdom

Jumbo-sized airliner orders came back into fashion on the first day of the 2010 Farnborough airshow as Boeing and Airbus led the charge to seal new deals. Other leading airframers, including Embraer, Sukhoi and Bombardier, followed suit in a wave of new business reported throughout today’s edition of Farnborough Airshow News.

Emirates Airline got the ball rolling when it gave Boeing a $9.1 billion contract for 30 more 777-300ERs. Later in the day, Norwegian Air Shuttle chipped in with a $1.15 billion order for 15 narrowbody 737-800s. Leasing group GECAS also ordered 40 Boeing 737-700s, -800s and -900s valued at $3 billion.

Never willingly outdone in the airshow orders stakes, Airbus GECAS committed to 60 firm orders for A320s. At list prices, this business is nominally worth just over $13 billion. On top of this, Russia’s Aeroflot signed a contract for 11 A330-300 twinjets, fitted with the new Sharklet winglets, in a deal worth approximately $1.7 billion.

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