The Japan Times - Airbus tails Boeing in Farnborough jet orders tussle

EUR -
AED 3.795051
AFN 76.905252
ALL 98.798207
AMD 414.66656
ANG 1.870598
AOA 943.848309
ARS 1093.833705
AUD 1.647875
AWG 1.862375
AZN 1.760572
BAM 1.955171
BBD 2.095626
BDT 126.56927
BGN 1.952062
BHD 0.391274
BIF 3072.711203
BMD 1.033218
BND 1.401749
BOB 7.171692
BRL 5.999382
BSD 1.037866
BTN 90.790784
BWP 14.35638
BYN 3.396707
BYR 20251.063216
BZD 2.084829
CAD 1.47714
CDF 2949.836368
CHF 0.940122
CLF 0.025884
CLP 993.29036
CNY 7.529887
CNH 7.546363
COP 4291.818894
CRC 529.029758
CUC 1.033218
CUP 27.380264
CVE 110.229528
CZK 25.131677
DJF 184.830522
DKK 7.463912
DOP 64.399276
DZD 139.539096
EGP 51.929289
ERN 15.498263
ETB 132.81586
FJD 2.390146
FKP 0.850945
GBP 0.833072
GEL 2.872748
GGP 0.850945
GHS 16.03584
GIP 0.850945
GMD 74.392028
GNF 8973.112456
GTQ 8.025417
GYD 217.579983
HKD 8.049023
HNL 26.452488
HRK 7.624678
HTG 135.756314
HUF 405.372959
IDR 16888.198522
ILS 3.675413
IMP 0.850945
INR 90.705391
IQD 1359.662461
IRR 43498.457578
ISK 146.696621
JEP 0.850945
JMD 163.997226
JOD 0.732969
JPY 156.425519
KES 133.99688
KGS 90.355268
KHR 4169.658206
KMF 492.332064
KPW 929.895875
KRW 1507.764378
KWD 0.31882
KYD 0.864922
KZT 529.259684
LAK 22549.743502
LBP 92945.390211
LKR 308.520718
LRD 206.543534
LSL 19.131843
LTL 3.050823
LVL 0.624983
LYD 5.09636
MAD 10.384558
MDL 19.460738
MGA 4890.426263
MKD 61.515204
MMK 3355.850172
MNT 3510.873213
MOP 8.32712
MRU 41.568623
MUR 48.255123
MVR 15.922273
MWK 1799.720851
MXN 21.254735
MYR 4.588006
MZN 66.033321
NAD 19.131843
NGN 1548.493805
NIO 38.197708
NOK 11.617812
NPR 145.265254
NZD 1.826603
OMR 0.397482
PAB 1.037866
PEN 3.857159
PGK 4.168659
PHP 59.988996
PKR 289.630497
PLN 4.22532
PYG 8186.365631
QAR 3.784182
RON 4.972053
RSD 117.022342
RUB 100.717589
RWF 1463.429069
SAR 3.87506
SBD 8.727396
SCR 15.595425
SDG 620.964075
SEK 11.304643
SGD 1.398257
SHP 0.850945
SLE 23.495749
SLL 21666.054515
SOS 593.209106
SRD 36.27114
STD 21385.51642
SVC 9.082077
SYP 13433.894063
SZL 19.125845
THB 35.020947
TJS 11.359944
TMT 3.626593
TND 3.314633
TOP 2.419903
TRY 37.075775
TTD 7.041734
TWD 33.933863
TZS 2667.441618
UAH 43.017857
UGX 3811.773373
USD 1.033218
UYU 45.145472
UZS 13448.672223
VES 62.441248
VND 26150.735204
VUV 122.665658
WST 2.893863
XAF 655.745981
XAG 0.032472
XAU 0.000361
XCD 2.792322
XDR 0.796044
XOF 655.745981
XPF 119.331742
YER 257.323196
ZAR 19.020815
ZMK 9300.201166
ZMW 29.035656
ZWL 332.695617
  • NGG

    -0.1300

    61.54

    -0.21%

  • SCS

    -0.2200

    11.36

    -1.94%

  • RIO

    -0.2400

    61.95

    -0.39%

  • CMSD

    -0.0800

    23.75

    -0.34%

  • CMSC

    -0.0700

    23.37

    -0.3%

  • GSK

    -0.3400

    36.04

    -0.94%

  • RYCEF

    -0.0300

    7.42

    -0.4%

  • RBGPF

    67.2100

    67.21

    +100%

  • BP

    0.3100

    32.27

    +0.96%

  • VOD

    0.1300

    8.57

    +1.52%

  • BTI

    0.1400

    41.76

    +0.34%

  • AZN

    -0.3700

    71.99

    -0.51%

  • BCC

    -1.8300

    123.28

    -1.48%

  • BCE

    -1.3800

    22.14

    -6.23%

  • RELX

    -0.4100

    49.99

    -0.82%

  • JRI

    -0.0200

    12.81

    -0.16%

Airbus tails Boeing in Farnborough jet orders tussle
Airbus tails Boeing in Farnborough jet orders tussle / Photo: JUSTIN TALLIS - AFP

Airbus tails Boeing in Farnborough jet orders tussle

European planemaker Airbus trailed its fierce US rival Boeing in an orders battle on the second day of the Farnborough airshow on Tuesday, as southern England buckled under a record heatwave.

Text size:

Airbus finally opened its orders account with a $1.1-billion order for 12 Airbus A220-300 passenger jets from Delta Airlines.

The new jets are due for delivery from 2026, and bring its total firm A220 order to 107 of the single-aisle aircraft.

However, Boeing already had the upper hand after clinching a $13.5-billion order for Boeing's crisis-hit MAX from Delta on the first day of Farnborough on Monday.

The US carrier ordered 100 medium-haul MAX jets with an option for 30 more, and swiftly afterwards Japan's ANA agreed to buy 20 MAX 8 jets worth $2.4 billion.

The MAX jet, which suffered two deadly crashes in 2018 and 2019, is experiencing a rush of interest at this year's five-day Farnborough spectacle southwest of London.

Independent aviation analyst Howard Wheeldon said customers were giving the MAX a thumbs-up, at an airshow where Boeing normally saves its biggest deal for the end.

"This is a vote of confidence and a sign that they are now moving forward from the MAX crisis and in the right direction," Wheeldon told AFP.

Boeing then won another massive boost Tuesday as investment fund 777 Partners ordered up to 66 of the MAX passenger aircraft worth a combined $8 billion.

It also sealed a $1.5-billion deal with leasing company AerCap for five more 787 Dreamliner jets.

Customers are expected to win a discount on list prices as is traditionally the case for big orders.

- Emissions -

Wheeldon sounded a note of caution over the post-Covid recovery despite growing sector-wide optimism over the outlook at the airshow.

"There will be other orders but none of this suggests that the industry itself is moving forward," added Wheeldon.

"Ticket prices have risen steeply and aircraft are far from full. Shortage of staff and other skills continues to impact and there are no quick fixes.

"This is an industry that has been in turmoil because of Covid but also one that knows the pressures from other factors such as climate change and rising costs are not easily solved."

Aviation analyst John Strickland said the latest edition of Farnborough -- the first since 2018 -- was not "flush" with orders.

But "it marks a moment of rehabilitation for Boeing", he added.

Farnborough this year partly focuses on the themes of decarbonisation and sustainability in a sector often criticised for its impact on emissions and climate change.

The UK government has launched a new "Jet Zero" strategy and vowed that aviation emissions should not return to pre-Covid levels.

The plan, presented by Transport Secretary Grant Shapps at Farnborough, requires UK domestic aviation and English airports to attain net zero carbon emissions by 2040.

Yet environmental campaign group Greenpeace has slammed the strategy as a short-term move that shifted responsibility away from government.

Greenpeace UK programme director Emily Armistead dismissed the plan as "vague aspirations to technological innovation", which would fail to cut emissions in the short to medium term.

She accused the government of failing to have the courage to regulate aviation emissions.

"This isn't a plan to do that, just a delaying tactic and a very expensive waste of time," she added.

K.Yamaguchi--JT