Airbus Says Leasing Company Avalon Inks Firm Order For 100 A321neo Aircraft

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Airbus Says Leasing Company Avalon Inks Firm Order For 100 A321neo Aircraft

(RTTNews) - Airbus SE (EADSF.PK) announced Tuesday that aircraft leasing company Avolon (AVOL) has signed a firm order for 100 A321neo aircraft, taking its total order for the A321neo to 190 aircraft. The agreement secures Avolon's delivery pipeline for the world's preferred single aisle Family.

Avolon now has 292 A320neo family aircraft on order to support customers' replacement and fleet expansion plans into the next decade. This order builds on the order Avalon made for 20 A330neos in September.

With this latest agreement, Avolon's total firm order-tally directly from Airbus rises to 632 aircraft, and includes A320, A330 and A350 Families.

The A321neo is the largest member of Airbus' A320neo Family, offering unparalleled range and performance.

To date more than 5,600 A321neos have been ordered by more than 100 customers across the globe.

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Airbus Wins $24 Bln Order From Cebu Air For Up To 152 Aircraft

Airbus Wins $24 Bln Order From Cebu Air For Up To 152 Aircraft

Aerospace major Airbus SE has received a $24 billion order from Philippines' budget airline operator Cebu Air Inc. for upto 152 A321neo aircraft. In a filing with the Securities and Exchange Commission, Cebu Air, which operates as Cebu Pacific, announced that it has signed a binding Memorandum of Understanding or MOU with Airbus for the aircraft purchase.
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Spirit Aero Stock Up As Boeing To Buy Majority Stake, Airbus Select Assets

Spirit Aero Stock Up As Boeing To Buy Majority Stake, Airbus Select Assets

Aerospace and defence major Boeing Co. has agreed to buy majority of its key supplier Spirit AeroSystems in an all-stock deal at an equity value of around $4.7 billion, or $37.25 per share. The total transaction value is around $8.3 billion, including Spirit's last reported net debt. Boeing's acquisition will include substantially all Boeing-related commercial operations...
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Airbus Says Pacific Region To Need 920 New Aircraft In Next 20 Years

Airbus Says Pacific Region To Need 920 New Aircraft In Next 20 Years

European plane maker Airbus SE, in its latest study of future demand, stated that airlines based in the Pacific region will need delivery of 920 new aircraft over the next 20 years. Globally, Airbus forecasts demand for 39,490 new aircraft over the next 20 years, including 17,620 in the wider Asia-Pacific region.
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Dollar Slips Against Major Counterparts

Dollar Slips Against Major Counterparts

The U.S. dollar drifted lower on Monday as bond yields fell, and the Euro gained in strength after European Central Bank Governing Council member Nagel said central banks may have to raise rates in the event of inflationary pressures rise.
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