Szolnok, Hungary, July 24, 2023 – The Hungarian Defence Forces have received the first two of 16 H225M multi-purpose helicopters on schedule. The helicopter was officially handed over at Szolnok Airbase by Bruno Even, CEO of Airbus (OTC: EADSY) Helicopters. Additionally, Airbus is also providing an extensive training and support package to ensure the highest level of operational availability.
The H225Ms selected by Hungary are equipped with state-of-the-art communication capabilities and will be used for transport, combat search and rescue, and special operations missions. Its advanced avionics and four axis autopilot, exceptional range and payload capacities, combined with a large cabin designed to carry up to 24 troops and powerful air- to-ground and air-to-surface armament as well as electronic warfare systems allow the H225M to carry out the most demanding missions. The helicopter has an all-weather capability supported by its night vision goggle compatibility.
A part of the Hungarian H225M fleet will be fitted with the HForce weapon management system, adding air support capabilities thus creating further communality with the Hungarian H145M fleet also equipped with HForce. Flight trials have recently been conducted in Hungary as part of the integration of a gun pod and rocket launchers on the Hungarian H225M.
A member of the multi-role Super Puma family of helicopters, this military variant is currently operational in France, Brazil, Mexico, Malaysia, Indonesia, Thailand, Kuwait, and Singapore.
FILE PHOTO: Emirates Airline Boeing 777 planes at are seen Dubai International Airport in Dubai
DUBAI (Reuters) – An eight-month crisis over the grounding of Boeing’s 737 MAX jets and widespread industrial delays are setting an unpredictable backdrop to next week’s Dubai Airshow, with some airlines reviewing fleet plans even as others look for bargains.
The biennial civil and military expo is a major showcase for wares from jumbo jets to military drones but faces growing questions over demand and the capability of overstretched suppliers, delegates arriving for the Nov. 17-21 event said.
Top of their agenda will be the worldwide grounding of the 737 MAX in the wake of two deadly crashes.
Investors who have pushed up Boeing <BA> shares believe the planemaker is turning a corner after the eight month grounding, with the company predicting commercial flights in January. But it also faces a logjam of undelivered jets that could take 1-2 years to unwind.
State-owned flydubai expects its fleet will now shrink by a third this year, highlighting the cost of the grounding for the biggest MAX customer outside the United States. “Flydubai has very big ambitions … given the scale of those ambitions, there’s little they can do but wait and watch, like everyone else,” said Teal Group analyst Richard Aboulafia.
Boeing lost one potential MAX customer earlier this year as Saudi budget airline flyadeal ditched a provisional order.
Experts say airline frustrations with plane and engine makers could also disrupt plans by the world’s largest jetmakers pushing for order endorsements. The Middle East’s largest aerospace event will give Airbus <EADSY> and Boeing a chance to sit with some of their top customers who have threatened to walk from billions in deals.
The planemakers are struggling to deliver aircraft on time, forcing airlines to delay expansion plans, while engines on some jets are consistently causing issues for carriers.
“This seems to be a systemic issue across the board,” said Novus Aviation Capital Managing Director Mounir Kuzbari.
“As a result, we see stress on the relationship between airlines and the plane and engine makers.” Dubai’s Emirates, by far the region’s biggest airline, has issued a stern warning to plane and engine makers. It will no longer take delivery of aircraft that do not meet performance expectations, raising doubts over $35 billion in pending orders.
Airbus, Boeing and engine makers will be looking to allay concerns as they finalise jet sales with Emirates, which is also looking at reducing an order for the delayed Boeing 777X.
Airbus is seen close to a final order for A330neo and A350 jets while Boeing aims to salvage a provisional order for 787s.
GULF PRESSURE
Air Arabia could, however, steal the show with a planned order of up to 120 Airbus jets, industry sources say.
Kuwait’s Jazeera Airways is in negotiations with Airbus and Boeing for around two dozen airplanes.
Past editions of Dubai’s premier trade event have featured blockbuster deals, often led by Emirates as Gulf carriers redrew the aviation map around their ‘super-connector’ hubs.
But the Gulf hub model is increasingly under pressure as the once-rapid growth of the region’s biggest airlines slows.
“The market continues to be weak for all airlines in the region; we should see a further 2-3% reduction in passenger numbers for the full year,” said Diogenis Papiomytis, Frost & Sullivan’s Global Program Director for Commercial Aviation.
Middle East military leaders touring the displays will try to gauge whether they are on the cusp of another regional splurge on weapons after an escalation in Gulf tensions.
A series of attacks over the summer has highlighted potential security gaps among some of the world’s top defence spenders who now increasingly buy from China and Russia.
(Reporting by Alexander Cornwell, Tim Hepher, Ankit Ajmera, Stanley Carvalho; Editing by Mark Potter)
PARIS (Reuters) – U.S. carrier Delta Air Lines (DAL.N) has emerged as the probable buyer for 10 Airbus A330neo jets worth $3 billion, industry sources said, in a boost for the becalmed European model.
Airbus (AIR.PA) announced an order for 10 of the 300-seat aircraft in its latest monthly order update on Friday, but withheld the name of the buyer for the Oct. 30 deal.
Two industry sources, asking not to be named, said Delta (DAL.N) was the buyer. A third said Delta had been looking to expand an existing order for 25 A330neo aircraft.
Airbus declined comment. Delta was not immediately available for comment.
If confirmed, the deal would mark the second order for the slow-selling A330neo in as many weeks after Kuwait Airways ordered eight of the long-haul planes in mid-October.
Airbus is aggressively seeking more orders for the latest version of its profitable A330 franchise after sales of the engine-upgraded A330neo model fell short of expectations in the face of heavy competition from the newer Boeing 787.
However, industry sources have questioned how far recent orders represent net new sales for the European giant, saying they could replace at least some earlier orders for the A350.
The new-generation A350 is a longer-term bet for Airbus and competes with the 787 and Boeing 777. But one market source said Airbus was willing to give up some orders for the newer plane in order to keep the A330neo afloat and prevent production cuts.
Airbus has given cautious signals that it is prepared to be flexible in both directions when offering combinations of the A330 and A350, sources said, though it cannot afford to lose too many orders or customers for the more strategic A350 plane.
The wide-body A330neo is part of a pair of upgraded aircraft – the other being the strong-selling A321neo narrowbody – that strategists say Airbus is trying to push into the market to reduce the space for a new 220-260 seat, mid-sized jet being studied by Boeing. A decision on that project is due next year.
Airbus is especially keen to continue A330-series production because it has been a major source of profits and cash.
Airbus also needs an aircraft like the 250-300 seat A330 to offer airlines a step-up into the wide-body market from its largest narrowbody, the A321neo, which holds up to 240 people.
Without it, Airbus’s smallest wide-body would be the 315-seat A350-900, which leaves a large gap in Airbus’s portfolio above the A321neo for rival Boeing (BA.N) to exploit.
(Reporting by Tim Hepher and Tracy Rucinski; Editing by Laurence Frost and Edmund Blair)
ABU DHABI (Reuters) – Indian airline IndiGo on Sunday said wide-bodied aircraft are an “aspiration” and talks with manufacturers are ongoing but there is no firm timeline amid difficult market conditions in the Indian market.
The budget airline, owned by InterGlobe Aviation <INGL.NS>, faces fierce competition in the very price sensitive Indian market where carriers are struggling to remain profitable despite filling 90 percent of their seats and rising demand.
IndiGo recently reported a steep fall in quarterly profit due to higher fuel prices and continued pressure on yields reflecting price competition.
“Wide-bodied aircraft are an aspiration, we have talked to manufacturers. We are looking at A330neo and Boeing 787,” Chief Commercial Officer Willy Boulter told Reuters in Abu Dhabi, declining to go into details.
IndiGo, India’s biggest low-cost carrier by market share, announced direct flights, starting Monday from two south Indian cities, Kochi and Kozhikode to Abu Dhabi, the capital of the United Arab Emirates.
In the Gulf, the airline has direct flights to Dubai and Sharjah in the UAE as well as to Doha and Muscat. Flights to Kuwait will be launched this week, to Saudi Arabia in November and Hong Kong in December, Boulter said.
In early 2019, IndiGo plans to start flights to London with an Airbus A321 aircraft stopping at a mid-point that is yet to be selected, he said. Other international destinations for launch include Kuala Lumpur and Phuket, Thailand, in November.
IndiGo is working closely with the Indian government to take advantage of opportunities under bilateral agreements where travel rights will become available for additional markets, he said, adding that IndiGo has applied for rights to Europe and Asia.
“We are confident of bilaterals being expanded further,” he said.
IndiGo has a fleet of 192 aircraft and more than 400 aircraft on order. The first batch of Airbus A321neo aircraft with 222 seats will be delivered next month, he said.
