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Airbus Orders Soar to Record High

Date:
January 13, 2014
Source:
Reuters / Powered by NewsLook.com
Summary:
Airbus has posted an industry record of 1,619 new airplane orders in 2013. As Hayley Platt reports the European plane maker is now considering increasing production in its most popular jets.


Related Videos

last updated on 2014-08-28 at 5:30 am EDT

Emirates' Airbus A350 Order Cancellation Could Give Boeing Boost

Emirates' Airbus A350 Order Cancellation Could Give Boeing Boost

TheStreet (June 11, 2014) — Emirates Airline has cancelled a $16 billion order for 70 Airbus new A350 passenger jets. It is Airbus's largest order cancellation in history, with a current combined value of $21.6 billion at current prices. It amounts to 9% of Airbus' A350 order backlog. An Emirates spokesman said the contract the airline signed with Airbus in 2007 has lapsed and Emirates is reviewing its fleet requirements. Sterne Agee analyst Peter Arment believes the decision is a boost to the Boeing 777, as he says the current generation 777 aircraft is flying Emirates key routes and will likely see further expansion at the end of the decade with the 777X. Video provided by TheStreet
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Airbus Trumps Boeing With $21 Billion in Farnborough Orders

Airbus Trumps Boeing With $21 Billion in Farnborough Orders

TheStreet (July 15, 2014) — It is day two of the Farnborough Air Show and jetmakers are raking it in. But some have been winners more than others. Airbus Group has a lead over Boeing after receiving a string of orders which totaled a record $21 billion. Of those announced, SMBC Aviation filed a major order for 115 A320 aircraft, worth around $11.8 billion, an order for 43 A320 aircraft from BOC Aviation, a subsidiary of Bank of China, and deals from leasing companies Air Lease Corporation and IAG for a combined 105 aircraft. Boeing could hit back though. The company is reportedly close to inking $9.2 billion in deals. TheStreet's Keris Lahiff reports from New York. Video provided by TheStreet
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The Boeing Company: Plenty of Runway and Clear Skies Ahead

The Boeing Company: Plenty of Runway and Clear Skies Ahead

TheStreet (June 19, 2014) — Trifecta Stocks Portfolio Manager Bryan Ashenberg, CFA offers viewers his thoughts on take on how to take advantage of what the Trifecta Stocks team sees as a good trading opportunity in Boeing's stock ahead of the Farnborough Air Show, which begins on July 14th. Ashenberg also points to some recent news that unfolded in the commercial aerospace arena that seems quite interesting. Emirates Airlines recently announced that it is canceling an order for 70 Airbus A350 planes. Ashenberg argues that this cancellation should not be viewed as indicative of weakening demand. In fact, this may be a case where Airbus’ loss is Boeing’s gain. Only time will tell. Stay tuned... Video provided by TheStreet
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American Airlines Awards GE Aviation-Safran $2.6B Contract

American Airlines Awards GE Aviation-Safran $2.6B Contract

TheStreet (July 14, 2014) — A joint venture between GE Aviation and French aviation company Safran has been awarded an order worth $2.6 billion from American Airlines Group. The company, CFM International, has been selected to provide engines for 100 Airbus A320neo aircrafts American Airlines has on order. These are scheduled for delivery in 2017. The American Airlines fleet currently has 375 Airbus and Boeing models fitted with CFM engines. "We are thrilled that American Airlines has again chosen to make CFM an integral part of its long-term fleet strategy," CFM CEO Paul Ebanga said in a statement. This is the latest contract between American Airlines and CFM International, a partnership which started in 1996. TheStreet's Keris Lahiff reports from New York. Video provided by TheStreet
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