Le Bourget, France, June 19 (Reuters) – Airbus unveiled an aircraft deal with Taiwan’s China Airlines on Wednesday, snatching the carrier’s medium-haul fleet renewal from Boeing a day after its U.S. rival made a shock entry into the single-aisle fleet of British Airways owner IAG.
The European planemaker said China Airlines had signed a preliminary deal to buy 11 A321neo aircraft, worth about $1.4 billion at list prices, while leasing another 14.
Although much smaller than the IAG letter of intent for 200 Boeing 737 MAX announced on Tuesday, the China Airlines deal signals intensified competition in Asia where Boeing this week predicted 40 percent of jets would be delivered over the next 20 years.
Airlines can rarely be persuaded to jump ship to rival suppliers because of the costs of training and parts, but this week’s Paris Airshow has witnessed two such announcements as sold-out planemakers mount incursions to continue their growth.
In a further competitive twist, Boeing announced on Monday it would take over the supply of spare parts for the remaining Airbus A320 fleet at British Airways.
China Airlines announced the leasing part of the deal in May and Reuters reported it would pave the way for the Taiwan carrier to switch its medium-haul fleet to the Airbus A320neo.
The rare deal to replace older 737s took years to complete and was drafted before the 737 MAX was engulfed by a crisis involving two crashes and a worldwide grounding, sources said.
PARIS (Reuters) – European missile maker MBDA’s chief executive is returning to Airbus as head of strategy as the planemaker seeks to modernise its factory system and explores future options in defence, two people familiar with the matter said.
Antoine Bouvier, 59, replaces Patrick de Castelbajac who becomes head of Airbus Asia-Pacific, the sources said. Castelbajac’s responsibility for Airbus international operations had already been transferred to sales chief Christian Scherer.
At Airbus, Bouvier will be embarking on a battle of wits with a new strategy head at arch-rival Boeing CO.
Chris Raymond, until recently head of Boeing’s Autonomous Systems business, recently became vice-president for enterprise strategy under finance director Greg Smith, sources said. Raymond’s appointment has not been officially announced.
Airbus and MBDA declined to comment on Bouvier’s appointment, which was first reported by AeroDefenseNews. It is the latest step in a management reshuffle accelerated by the recent official appointment of Guillaume Faury as Airbus CEO.
Bouvier, a former civil servant who narrowly missed out on running France’s DGA defence procurement agency two years ago, brings experience in forging defence partnerships to Airbus, which is embroiled in a row with Germany over arms controls.
He is expected to be replaced at MBDA by former OneWeb chief Eric Beranger.
Although there is fierce day-to-day competition, with Taiwan’s China Airlines opting last week to switch to Airbus, the European planemaker is not expected to exploit the grounding of Boeing’s 737 MAX jetliner for now, industry sources said.
NEXT GENERATION
The future of the Airbus A320neo and Boeing 737 MAX – the industry’s most successful models – is seen as strategically entwined and insiders say Airbus is also worried about the impact of the grounding on global certification..
But the planemakers are crafting crucial strategies for the next generation of single-aisle jets from about 2030 – both likely to define the aircraft industry well beyond mid-century.
Insiders say Faury wants Airbus to focus more on industrial strategy and closing a perceived gap with Boeing in production technology, as well as responding to the threat of increased environmental regulation of air travel, as well as new products.
Airbus must also assess how to respond to rising defence spending after its failure to merge with Britain’s BAE Systems in 2012 left it heavily skewed towards commercial markets that are now approaching the end of an extended upcycle.
It is involved on the German side of a nascent Franco-German fighter project along with French partner Dassault Aviation but faces competition for valuable systems work and a growing spat with the German government over export controls.
At MBDA, Bouvier helped forge an Anglo-French agreement on the use of shared missile technology.
Bouvier followed the classic path of a French mandarin from the prestigious Polytechnique engineering school to France’s ENA civil service academy. He had been linked with a number of top aerospace posts such as Safran and Thales.
“His appointment will be very credible with the French government,” a person familiar with the appointment said. France and Germany own 11 percent each of Airbus.
(Reporting by Tim Hepher; Editing by Luke Baker and Alexander Smith)
STARLUX Airlines of Taiwan has signed a firm order with Airbus for 17 widebody aircraft, comprising 12 A350-1000s and five A350-900s.
The new airline plans to deploy these aircraft on its premier long-haul services from Taipei to Europe and North America, as well as selected destinations within the Asia-Pacific region.
“We are very glad to sign the official purchase agreement today for Airbus widebodies. The A350’s combination of extra-long range capability, significantly lower operating costs and high passenger comfort were key factors in our decision,” K.W. Chang, Founder and Chairman of STARLUX Airlines said. “STARLUX is committed to becoming one of the best airlines in the world. We are positive that with the A350 XWB, we will be able to spread our wings to further destinations, bringing our best-in-class services to more people over the world in the near future.”
“What K. W. and STARLUX are proving is that when you start from a clean sheet, you make no compromises. Every STARLUX A350-1000 takes off 45 tonnes lighter than its alternative. Imagine the savings! And will fly up to 1,000 more miles than the alternative, enabling STARLUX to serve US-East Coast destinations nonstop! Imagine the extra market & revenue!” said Christian Scherer, Airbus Chief Commercial Officer. “Both the A350-1000 and A350-900 offer true long range capability, greater passenger comfort, yet all the economic benefits of fleet commonality. We salute STARLUX’s strategic choice with gratitude and we will be there to support their legitimate ambition.”
The A350 XWB is the world’s most modern and eco-efficient aircraft family shaping the future of air travel. It is the long-range leader in the large wide-body market (300 to 400+ seats). The A350 XWB offers by design unrivalled operational flexibility and efficiency for all market segments up to ultra-long haul (9,700 nm). It features the latest aerodynamic design, carbon fibre fuselage and wings, plus new fuel-efficient Rolls-Royce engines. Together, these latest technologies translate into unrivalled levels of operational efficiency, with a 25 per cent reduction in fuel burn and emissions. The A350 XWB’s Airspace by Airbus cabin is the quietest of any twin-aisle and offers passengers and crews the most modern in-flight products for the most comfortable flying experience.
At the end of February 2019, the A350 XWB Family had received 852 firm orders from 48 customers worldwide, making it one of the most successful wide-body aircraft ever.
HANOI, Vietnam, Feb. 27, 2019 /PRNewswire/ — Boeing [NYSE: BA] and Bamboo Airways today confirmed an order for 10 787-9 Dreamliners valued at $3 billion
according to list prices. The order for the super-efficient and
longest-range member of the Dreamliner family was unveiled during a
signing ceremony in Hanoi, witnessed by U.S. President Donald Trump and General Secretary and President of Vietnam Nguyen Phu Trong.
“We are excited to be adding the new 787 Dreamliner to our growing fleet,” said Mr. Trinh Van Quyet, Chairman of FLC Group and owner of Bamboo Airways. “Our long-term vision is to connect Vietnam with key markets in Asia, Europe and North America
and the Dreamliner will enable us to launch these long-haul operations.
The 787’s superior operating economics and efficiency, as well as the
passenger pleasing interior of the Dreamliner, will allow us to
successfully grow our business while enabling us to better serve our
customers.”
This order was previously unidentified on Boeing’s Orders & Deliveries website.
Bamboo Airways, a startup airline founded in 2017, began commercial
operations in January, offering flights linking the capital of Hanoi and Ho Chi Minh City with cities in Vietnam.
The airline plans on offering up to 40 domestic routes in 2019.
Additionally, Bamboo is preparing to launch international service to Thailand, South Korea, Singapore, Japan, Taiwan and Australia, before broadening service to other destinations in Asia, Europe, and North America.
“The 787 Dreamliner’s unmatched efficiency, range and flexibility
make it the perfect airplane for Bamboo Airways to achieve its
long-range ambitions. We are excited to advance the partnership between
Boeing and Bamboo Airways and we look forward to helping them connect Asia with Europe, North America and beyond,” said Kevin McAllister, president and CEO of Boeing Commercial Airplanes.
The 787 Dreamliner family allows airlines to fly long ranges while
reducing fuel costs by more than 20 percent compared to previous
widebody jets. The Dreamliner’s superior efficiency and range have
allowed airlines to open more than 210 new non-stops routes around the
world since it entered service.
At 63 meters (206 feet), the 787-9 can fly 290 passengers, in a
typical two-class configuration, up to 7,635 nautical miles (14,140
kilometers). The airplane is 6 meters longer than the original
Dreamliner and is capable of carrying more passengers and flying
farther.
The 787 Dreamliner is the fastest-selling widebody airplane in
history with more than 1,400 orders from 75 customers since its launch.
Nearly 800 Dreamliners have entered service around the world, helping
airlines save 33 billion pounds of fuel.
Bamboo Airways is wholly-owned by the FLC Group, a Vietnamese multi-industry company, focusing on aviation, real estate, resorts, farming, and golf.
HANOI
(Reuters) – Fast-growing Vietnamese budget airline VietJet Aviation JSC
is expected to sign a major jet deal with Boeing Co on the sidelines of
next week’s Trump-Kim summit, according to sources familiar with the
matter.
U.S.
President Donald Trump and North Korean leader Kim Jong Un will hold
their second summit in the Vietnamese capital of Hanoi on Feb 27-28.
Holding
a signing ceremony during Trump’s visit would help emphasise
strengthening economic and military ties between the United States and
Vietnam.
VietJet,
while not government-owned, increasingly uses state visits to showcase
major plane orders balanced between Boeing and Airbus SE. It signed a
deal to buy 100 Boeing 737 MAX narrowbody jets when former U.S.
President Barack Obama visited Hanoi in 2016.
The
airline is likely to finalise next week a separate provisional deal
agreed last year at the Farnborough Airshow to buy another 100 Boeing
737 MAX jets worth almost $13 billion at list prices, sources said on
condition of anonymity due to an expected announcement by VietJet.
The
U.S. Federal Aviation Administration declared last week that Vietnam
complied with international aviation standards, in a move that would
allow Vietnamese carriers to fly there for the first time and codeshare
with U.S. airlines.
VietJet
said last week it planned to purchase widebody jets capable of U.S.
flights to open routes to cities with large Vietnamese communities in
the United States, such as in California.
It might be too early for VietJet to place a widebody order, said one of the sources.
Another
source briefed on the matter said the deal for 100 737 MAX jets was
already on Boeing’s books, having been firmed up earlier and listed as
an unidentified customer.
Boeing declined to comment. VietJet did not respond immediately to a request for comment.
VietJet
finalised a deal in November with Airbus for 50 A321neo jets during a
visit to Hanoi by French Prime Minister Edouard Philippe that had also
been announced provisionally at the Farnborough Airshow.
VietJet
operates 385 flights daily within Vietnam and to places such as Japan,
Hong Kong, South Korea, Taiwan, Singapore, China, Thailand, Myanmar and
Malaysia.
However,
industry analysts have questioned whether the airline will take
delivery of all the aircraft on order as the aerospace industry reaches
the peak of an extended growth phase.
(Reporting by James Pearson in Hanoi; Additional reporting by Tim Hepher in Paris; Writing by Jamie Freed; Editing by Muralikumar Anantharaman)
HANOI, Nov 2 (Reuters) – VietJet Aviation signed a $6.5 billion agreement on Friday to buy 50 Airbus A321neo jets, the Vietnamese budget carrier said.
The agreement, signed during a visit to Hanoi by French Prime Minister Edouard Philippe, is part of aggressive investment in the Vietnamese airline’s fleet, which has provided lucrative business for both European aerospace group Airbus and its U.S. rival Boeing.
VietJet said the order is in line with its growth strategies and will enhance the airline’s operational efficiency and capacity, especially on international routes.
In addition to the aircraft, Airbus will deploy pilot and technician training programmes and fight management and flight safety management for VietJet.
In a separate statement, VietJet said it had also signed a memorandum of understanding with CFM International on a $5.3 billion deal for long-term jet engine maintenance.
VietJet, Vietnam’s biggest private airline, currently operates 60 Airbus jets with more than 385 flights daily within Vietnam and to countries such as Japan, Hong Kong, South Korea, Taiwan, Singapore, China, Thailand, Myanmar and Malaysia.
CEO Nguyen Thi Phuong Thao told Reuters this week that VietJet plans to maintain an average fleet age of only three years to minimise fuel and maintenance costs.
It placed provisional orders for the A321neo jets and 100 Boeing 737 MAX jets at the Farnborough air show and has been in negotiations to complete the deals, with deliveries expected between 2020 and 2025.
Boeing, Air Lease Corp., and EVA Air today celebrated the delivery of the airline’s first 787-9 Dreamliner, via lease from ALC, at Boeing’s South Carolina Delivery Center. EVA Air plans to debut the long-range and super-efficient airplane in November on international routes.
“This milestone delivery marks the beginning of a new era for EVA Air as we continue to revolutionize Taiwan’s dynamic commercial aviation industry,” said Steve Lin, Chairman of EVA Air. “The 787 Dreamliner’s extraordinary efficiency and passenger pleasing cabin features will further elevate EVA Air’s position as a five-star global airline. We are excited to introduce the 787 into our fleet and they will play an integral role in our success going forward.”
Built with lightweight composite materials and powered by advanced GEnx engines from General Electric (GE) Aviation, the 787 Dreamliner family lowers operating costs by more than 20 percent compared to previous airplanes, and nearly 10 percent compared to today’s competing jets.
Today’s delivery marks the first of 24 Dreamliners for the Taipei-based airline. In 2015, EVA Air announced a landmark order for 18 787-10 airplanes along with plans to operate four 787-9s and two 787-10s on lease from ALC. This remains the largest commercial airplane purchase in Taiwan’s history.
“ALC is pleased to deliver this historic first Boeing 787-9 to EVA Air and further our strong relationship with a world-class airline,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation. “As the first airline in Taiwan to operate a Boeing 787-9 Dreamliner, EVA Air will continue to excel as a leading international airline with the most technologically advanced and fuel-efficient fleet.”
“We are extremely honored that EVA will be introducing the new 787 Dreamliner to their world-class fleet,” said Kevin McAllister, President and CEO of Boeing Commercial Airplanes. “This milestone delivery signals yet another chapter in our enduring partnership with EVA. I am confident that the market-leading capabilities of the 787 will contribute immensely to the airline’s long-term success.”
A member of Star Alliance, EVA Air serves international routes with approximately 565 weekly flights. Onboard the airline’s new 787 Dreamliner, passengers can experience EVA Air’s new Royal Laurel business class seats designed by Designworks, a BMW Group company. At 23 inches wide, the new seats feature privacy panels, full lie-flat capabilities as well as enhanced in-flight entertainment systems. EVA Air also partnered with Teague, to redesign its economy class seats, which are produced by Recaro.
To improve the operational efficiency of its 787s, EVA Air plans to use a variety of Boeing Global Services tools, including Maintenance Performance Toolbox, Airplane Health Management and the electronic flight bag product.
The airline will also use Component Services, where Boeing and its partners own, manage and maintain a global pool of high-value rotable parts, components and line-replaceable units (LRU) for convenient access.
