Airbus Develops $5.3 Billion Out Of Dubai Air Show

 

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Airbus Develops $5.3 Billion Out Of Dubai Air Show

By Bill Goldston

 
Airbus A33--200F

November 19, 2009 - As an active participant in the 2009 Dubai Air Show, Airbus aircraft manufacturer announced commitments across its broad product range covering a total of 33 aircraft, valued at over US$5.3 billion.

These commitments include firm orders for 15 aircraft worth more than US$3.6 billion, plus memorandum of understanding (MoU) agreements for a further 18 aircraft totaling around $1.7 billion.  

The highlights of the show included firm orders for Airbus’ newest products: from Air Austral for two A380s worth $655 million, and from Ethiopian Airlines for 12 A350-900s worth $2.9 billion. In addition, Comlux placed a firm order for one Airbus Corporate Jet (ACJ) worth $75 million.   

 

The MoU commitments included: 10 A320s worth $770 million from Yemenia Airlines; four A320s plus two A330-200s together worth $670 million from Senegal Airlines; and one A320 plus one A330-200 worth $258 million from Nepal Airlines.  In addition to these, Airbus announced in Dubai the launch of its new “Sharklet” large wingtip devices, specially designed for the A320 Family to reduce its fuel burn by around 3.5 percent and improve both payload-range and climb performance. Air New Zealand is the launch customer for the Sharklets which are specified for its future A320 fleet. 

John Leahy, Chief Operating Officer, Customers commented: “We had a good airshow – better than many expected. But our industry is not out of the woods yet. There will be a difficult winter ahead of us, but with the deals we made in Dubai and the interest in our products that we saw here, spring may not be that far away.” Airbus’ success is founded on innovative design, which has given it the world’s most modern aircraft family in every category from 100 to 525 seats. 

Airbus is an aircraft manufacturing subsidiary of EADS, a European aerospace company. Based in Toulouse, France, and with significant activity across Europe, the company produces around half of the world's jet airliners. Airbus began as a consortium of aerospace manufacturers. Consolidation of European defense and aerospace companies around the turn of the century allowed the establishment of a simplified joint stock company in 2001, owned by EADS (80%) and BAE Systems (20%). After a protracted sales process BAE sold its shareholding to EADS on 13 October 2006. 

Airbus employs around 57,000 people at sixteen sites in four European Union countries: Germany, France, the United Kingdom, and Spain. Final assembly production is at Toulouse (France), Hamburg (Germany), Seville (Spain) and, since 2009, Tianjin (China). Airbus has subsidiaries in the United States, Japan and China. The company is known for producing and marketing the first commercially viable fly-by-wire airliner.

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