AGL 38.69 Increased By ▲ 0.13 (0.34%)
AIRLINK 214.50 Increased By ▲ 6.73 (3.24%)
BOP 10.08 Increased By ▲ 0.02 (0.2%)
CNERGY 6.70 Decreased By ▼ -0.38 (-5.37%)
DCL 9.70 Decreased By ▼ -0.29 (-2.9%)
DFML 40.69 Decreased By ▼ -0.45 (-1.09%)
DGKC 100.00 Decreased By ▼ -3.46 (-3.34%)
FCCL 35.90 Decreased By ▼ -0.45 (-1.24%)
FFBL 88.50 Decreased By ▼ -3.09 (-3.37%)
FFL 14.26 Decreased By ▼ -0.34 (-2.33%)
HUBC 137.00 Decreased By ▼ -2.43 (-1.74%)
HUMNL 14.08 Decreased By ▼ -0.02 (-0.14%)
KEL 5.80 Decreased By ▼ -0.17 (-2.85%)
KOSM 7.35 Decreased By ▼ -0.51 (-6.49%)
MLCF 46.40 Decreased By ▼ -0.88 (-1.86%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 223.35 Increased By ▲ 0.69 (0.31%)
PAEL 38.62 Increased By ▲ 0.51 (1.34%)
PIBTL 8.96 Decreased By ▼ -0.31 (-3.34%)
PPL 200.35 Decreased By ▼ -5.50 (-2.67%)
PRL 40.71 Increased By ▲ 0.86 (2.16%)
PTC 26.10 Decreased By ▼ -0.52 (-1.95%)
SEARL 105.50 Decreased By ▼ -4.74 (-4.3%)
TELE 9.25 Increased By ▲ 0.02 (0.22%)
TOMCL 37.99 Decreased By ▼ -0.22 (-0.58%)
TPLP 14.33 Increased By ▲ 0.56 (4.07%)
TREET 26.00 Decreased By ▼ -0.45 (-1.7%)
TRG 59.59 Decreased By ▼ -0.95 (-1.57%)
UNITY 33.77 Decreased By ▼ -0.37 (-1.08%)
WTL 1.78 Decreased By ▼ -0.10 (-5.32%)
BR100 12,155 Decreased By -143.8 (-1.17%)
BR30 38,217 Decreased By -660.9 (-1.7%)
KSE100 112,985 Decreased By -1876 (-1.63%)
KSE30 35,546 Decreased By -649.8 (-1.8%)

LE BOURGET: Global airliner rivals Boeing and Airbus notched up new orders from Algeria and the Philippines at the Paris Air Show Tuesday, after the European manufacturer snagged the biggest-ever single civilian contract.

Philippine Airlines will buy nine of Airbus’ A350-1000 widebody planes, while Air Algerie snapped up eight of Boeing’s medium-haul 737 MAX-9 aircraft.

At list prices – usually higher than discounted bulk orders – the Airbus deal is worth $3.3 billion and Boeing’s $1.0 billion.

Airbus wins record 500-plane order from India’s budget carrier IndiGo

With both plane builders’ order books well stocked, Philippine Airlines can expect delivery from 2025 while Air Algeria will have to wait until 2027.

Faced with growing demand for long-haul planes, Airbus is pushing to increase production of the A350, its latest airliner, setting a target of nine per month by the end of 2025.

Meanwhile, Boeing’s sales of the 737-MAX appear to be hauling it out of a slump triggered by both Covid and the aircraft’s lengthy grounding after two fatal crashes.

Airbus close to new Viva Aerobus jet order

Irish low-cost carrier Ryanair in May ordered 300 of the planes.

Earlier Tuesday, Australian carrier Qantas confirmed it would buy nine of Airbus’ smaller A220 jets, the manufacturer said.

Tuesday’s deals have yet to match the 500-plane order made with Airbus by Indian low-cost carrier IndiGo, at a list price of $55 billion.

Those planes from the A320 family are not expected to be delivered until 2030-35.

Comments

Comments are closed.