Aviation

Day 1 Highlights: Airbus, Boeing, and Embraer Orders at Farnborough International Airshow 2024

Day 2 Highlights: Airbus, Boeing, and Embraer Orders at Farnborough International Airshow 2024

Photo Credit : Mark Palmer UK

The first day of the Farnborough International Airshow 2024 set the stage for a flurry of significant announcements and order placements from the aerospace industry’s leading players.

As the airshow kicked off, major aircraft manufacturers Airbus, Boeing, and Embraer showcased their latest innovations and secured noteworthy deals that highlight their strategic direction and market ambitions.

Total sales of Boeing, Airbus, and Embraer at Paris Airshow 2023:Click here

The day’s highlights reflect a dynamic start to the event, with each company unveiling key orders that underscore their commitment to advancing aviation technology and meeting global demand. Here’s a closer look at the major orders and announcements from Airbus, Boeing, and Embraer on Day 1 of this prestigious event.

Airbus Orders: 3 -A320neo, 2- A321XLR

Drukair – Royal Bhutan Airlines, the national carrier of Bhutan, signed a Memorandum of Understanding (MoU) with Airbus for the acquisition of three A320neo and two A321XLR aircraft. Scheduled for delivery beginning in 2030, these new aircraft will bolster Drukair’s international network, enabling the airline to enhance connectivity and service on long-haul routes.

Boeing Orders: 4-777 Freighters, 20-787 Dreamliners, 2-737-10, 50 -widebody airplanes

In a major deal, National Airlines committed to its first order of four Boeing 777 Freighters. Renowned for its unparalleled payload capacity and long-range capabilities, the 777 Freighter will significantly enhance the airline’s cargo operations and expand its global market presence.

Japan Airlines also made headlines with an agreement to add up to 20 more 787 Dreamliners to its fleet. This deal includes 10 787-9s with options for 10 additional units, reinforcing JAL’s commitment to leveraging the 787’s market-leading efficiency on international routes across North America, Asia, and India. This expansion will augment JAL’s current fleet of over 50 787s.

Luxair announced its continued investment in the 737 MAX family with an order for two 737-10 airplanes and options for two more. This new addition follows Luxair’s previous acquisition of the 737-7 and 737-8 models, underscoring the carrier’s focus on sustainable growth and operational efficiency. boeing insight accelerator

Korean Air revealed its intent to purchase up to 50 Boeing widebody aircraft, including 20 777-9s and 20 787-10s, with options for 10 additional 787s. This substantial order highlights Korean Air’s strategy to enhance its fleet with highly fuel-efficient aircraft, supporting its global expansion and operational capabilities.

Embraer Orders: 9 C-390 Millennium

In a notable order, the Netherlands and Austria finalized a joint commitment for nine C-390 Millennium transport planes. Scheduled for delivery starting in late 2027, these aircraft will facilitate improved training and logistics collaboration among NATO partners. The C-390 Millennium continues to be a favored choice for European nations due to its exceptional performance and cost-effectiveness.

Total Aircraft order at Singapore Airshow 2024:Click here

De Havilland Aircraft orders

De Havilland Aircraft of Canada Limited also made strides with several announcements. ANA Holdings signed a letter of intent for seven reconditioned DHC Dash 8-400s, which will be reconfigured to integrate seamlessly with ANA Group’s current fleet.

Additionally, Skyward Express ordered one Dash 8-400, while De Havilland confirmed the sale of two Dash 8-400s to Widerøe and one to the Tanzania Government Flight Agency (TGFA). De Havilland also announced a cargo conversion solution sale to Advantage Air, further expanding its portfolio and market reach.

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Aviation

Aeroflot Buys Used Planes for Spare Parts Amid Sanctions

In the face of ongoing Western sanctions that have severely impacted Russia’s aviation industry, Aeroflot, the country’s largest airline, has devised a strategic plan to bolster its fleet’s spare parts inventory.

The airline is set to acquire five Boeing 737-800BCF freighters from Atran Airlines, a move that will allow it to dismantle the aircraft for critical components. The planes, which will be transferred to Aeroflot’s low-cost subsidiary Pobeda, will not be converted into passenger jets but instead will be stripped for valuable parts to support existing operations.

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Aeroflot’s plan to purchase these Boeing 737-800BCF freighters comes as part of a broader strategy to mitigate the effects of Western sanctions, which have crippled the Russian aviation sector. With the sanctions restricting access to essential aircraft parts and spare components, Aeroflot is exploring alternative ways to maintain and repair its fleet.

Instead of converting the freighters from cargo to passenger planes, a process deemed “unreasonably expensive” under current sanctions, the airline intends to focus on extracting high-value components such as engines, landing gear, avionics, and other essential systems.

The deal will be structured in a way that allows Aeroflot to indirectly purchase the freighters through an insurance settlement with the aircraft’s lessor, AerCap.

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The Russian government’s insurance company will reimburse the aircraft’s value, and the planes will then be leased back to local operators. This method circumvents some of the restrictions imposed by international sanctions while ensuring that the airline gains access to the necessary components to support its fleet.

By dismantling the aircraft for spare parts, Aeroflot aims to secure critical resources for the ongoing maintenance of its existing fleet. Components from the Boeing 737-800BCF freighters, such as engines and avionics, are expected to be reused in other aircraft within Aeroflot’s network, ensuring that the airline can keep its operations running smoothly