AIRLINK 173.68 Decreased By ▼ -2.21 (-1.26%)
BOP 10.82 Decreased By ▼ -0.16 (-1.46%)
CNERGY 8.26 Increased By ▲ 0.26 (3.25%)
FCCL 46.41 Increased By ▲ 0.29 (0.63%)
FFL 16.14 Increased By ▲ 0.07 (0.44%)
FLYNG 27.80 Increased By ▲ 0.38 (1.39%)
HUBC 146.32 Increased By ▲ 2.36 (1.64%)
HUMNL 13.40 Increased By ▲ 0.05 (0.37%)
KEL 4.39 Decreased By ▼ -0.11 (-2.44%)
KOSM 5.93 Decreased By ▼ -0.05 (-0.84%)
MLCF 59.66 Increased By ▲ 0.16 (0.27%)
OGDC 232.73 Decreased By ▼ -0.02 (-0.01%)
PACE 5.80 Decreased By ▼ -0.08 (-1.36%)
PAEL 47.98 Increased By ▲ 0.50 (1.05%)
PIAHCLA 17.75 Decreased By ▼ -0.22 (-1.22%)
PIBTL 10.40 Decreased By ▼ -0.18 (-1.7%)
POWER 11.32 Decreased By ▼ -0.06 (-0.53%)
PPL 191.48 Decreased By ▼ -1.82 (-0.94%)
PRL 36.83 Decreased By ▼ -0.17 (-0.46%)
PTC 23.20 Decreased By ▼ -0.57 (-2.4%)
SEARL 98.76 Decreased By ▼ -1.11 (-1.11%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 36.62 Decreased By ▼ -0.57 (-1.53%)
SYM 14.70 Decreased By ▼ -0.25 (-1.67%)
TELE 7.73 Decreased By ▼ -0.02 (-0.26%)
TPLP 10.75 Decreased By ▼ -0.12 (-1.1%)
TRG 66.01 Increased By ▲ 0.87 (1.34%)
WAVESAPP 10.82 Decreased By ▼ -0.09 (-0.82%)
WTL 1.32 Decreased By ▼ -0.02 (-1.49%)
YOUW 3.79 Decreased By ▼ -0.02 (-0.52%)
BR100 12,644 Increased By 35.1 (0.28%)
BR30 39,387 Increased By 124.3 (0.32%)
KSE100 117,807 Increased By 34.4 (0.03%)
KSE30 36,347 Increased By 50.4 (0.14%)

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.