Daily Management Review

Airbus Goes Ahead Boeing


European aircraft concern Airbus Group SE beats its main rival Boeing Co. by the number of orders at the air show in Le Bourget, after signing the contract for the supply of 110 aircrafts to air carrier Wizz Air, reports the agency Bloomberg.

Hungarian lowcoster ordered single-aisle aircraft A321neo model with improved aerodynamics and more efficient engines. The total cost of the order by catalog is $ 12.5 billion. It is emphasized that the contract provides an option to buy another 90 aircraft of this model.

Overall, since the start of the air show, from June 16 to June 21, Airbus has received orders for 421 aircraft worth $ 57 billion versus $ 50.2 billion for 331 aircraft from Boeing.

Earlier it was reported that, in view of the crisis in the sector, and defects of the Boeing 787 Dreamliner, Russian Aeroflot air carrier can refuse the purchase of these aircraft.

Aeroflot in 2007 ordered 22 Boeing 787 Dreamliner airliners, but the delivery time was not kept, there have been various improvements, such as wiring etc.

Earlier Airbus predicted that demand for military aircraft in Asia will grow due to the territorial disputes in the South China Sea and tensions in a number of other Asian regions.

According to executive vice president of Sales and Marketing Airbus Defense & Space GmbH, Airbus defense division, Christian Scherer, the volume of Asian market of aviation equipment for military use in the next five years could grow to $ 50 billion from the current $ 45 billion, reports Bloomberg.

"The market for civil aircraft are still steady and stable, - says Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes. - In the future we expect further market growth and strong demand for new aircraft."

By the end of the forecast period of civil aircraft fleet will double - from 21.6 thousand aircraft in 2014 to 43.56 thousand aircraft in 2034. Thus the forecast for the last year increased by 3.5% Cost of all new Boeing aircraft is valued at 5.6 trillion dollars.

The company believes that the growth of passenger traffic will continue for about 5% a year, over the next 20 years will be carried over 7 billion passengers. The volume of air cargo will grow annually by 4.7%, believed in Boeing.

Single-aisle aircraft market require 26.73 thousand aircraft. About 35% of single-aisle vessels will be operated by low cost airlines. The wide segment of the market will require 8.83 thousands of new aircraft.

According to the aircraft manufacturer, only China in the next 20 years will require 14.3 thousand aircraft; European airlines - 7,8 thousand aircraft, North American - 7.3 thousand. The CIS countries will need to 1.15 thousand aircraft.

source: bloomberg.com

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