Aviation
Total Aircraft order at Singapore Airshow 2024
The Singapore Airshow 2024 has emerged as a pivotal event in the aviation industry, marked by a flurry of groundbreaking agreements and strategic partnerships. Among the highlights of this year’s event are the remarkable orders placed by prominent airlines and manufacturers, heralding a new era of growth and advancement in commercial aviation.
Boeing, Airbus, and COMAC, among others, have unveiled substantial orders, underscoring the confidence in their cutting-edge aircraft offerings. These orders not only signify a significant investment in the future of air travel but also reflect the evolving dynamics of the global aviation market. Let us delve into the details of the notable orders announced at the Singapore Airshow 2024, encompassing a diverse range of aircraft types and strategic objectives.
Total Airbus Orders: A330neo-23, A350F-5
Vietjet emerged as a key player at the Singapore Airshow with its substantial order of 20 A330neo widebody aircraft. This strategic move underscores Vietjet’s commitment to expanding its fleet and enhancing its network capabilities.
STARLUX Elevates Cargo Fleet: STARLUX Airlines, representing Taiwan on the global stage, made a significant investment in Airbus aircraft, with a firm order for five state-of-the-art A350F freighters and three additional A330neo widebody aircraft. This strategic move aligns with STARLUX Airlines’ vision of modernizing its fleet and expanding its operational capabilities to meet evolving market demands.
Total Boeing Orders: 787 Dreamliners: 49
Boeing Expands Dreamliner Fleet: Boeing, in a monumental move, joins forces with Thai Airways and Royal Brunei Airlines to unveil orders for a total of 49 787 Dreamliners, underscoring a shared vision for fleet expansion and network growth. Thai Airways commits to 45 Dreamliners, while Royal Brunei Airlines secures four, affirming the Dreamliner’s unparalleled capabilities and market appeal.
Total COMAC Orders: C919: 40, ARJ21:16
Tibet Airlines committed to acquiring 40 units of the C919 plateau variant and 10 units of the ARJ21 plateau variant, demonstrating confidence in COMAC’s innovative aircraft solutions.
Additionally, the collaboration between COMAC and the Henan Civil Aviation Development & Investment Group resulted in a separate agreement for six specialized aircraft derived from the ARJ21 platform. These variants, tailored for firefighting, medical services, and emergency management, reflect a strategic partnership aimed at enhancing aviation capabilities and addressing diverse operational needs.
As a key platform for meetings and collaborations, Singapore Airshow also saw several major
announcements made during the four trade days, including several focused on meeting
decarbonization targets. Airbus showcased its commitment to carbon neutrality by 2050,
advocating for accelerated progress in sustainable aviation fuel production and unveiling plans in an agreement with TotalEnergies, which will supply Airbus with SAF (sustainable aviation fuel) for more than half of its needs in Europe. Airbus also announced plans for a hydrogen-powered aircraft slated for operational debut by 2035.
Aviation
Airbus and French Aerospace Firms Growing Exports from India
In a significant move to bolster its supply chain, European aerospace giant Airbus has announced plans to ramp up component sourcing from India, tapping into the country’s vast opportunities.
During a press briefing in New Delhi on October 7, CEO Guillaume Faury emphasized the strategic importance of India within the Airbus supply chain, highlighting the company’s robust network of over 100 suppliers in the region.
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Faury, who also serves as Chairman of the French Aerospace Industries Association (GIFAS), noted that there are abundant prospects for collaboration between Indian and French aerospace companies. Leading a high-level delegation from GIFAS, comprising more than 60 companies and over 100 representatives, Faury aims to foster deeper partnerships and enhance business opportunities between India and France.
“We will continue to grow our sourcing of components,” Faury stated, forecasting a doubling of component sourcing approximately every five years over the next decade. This stable growth trajectory underscores Airbus’s commitment to deepening its ties with India.
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Currently, Airbus holds an impressive order book of around 8,600 aircraft and anticipates producing about 770 planes this year. This ambitious production plan aligns with the expected surge in India’s domestic air passenger traffic, projected to reach 300 million by 2030, according to Union Aviation Minister K Rammohan Naidu.
During the briefing, Naidu also highlighted the substantial investments being made to develop India’s airport infrastructure, with $11 billion allocated for this purpose. The government plans to develop 200 additional airports over the next 20 to 25 years, significantly expanding the current count of 157 airports, heliports, and waterdromes. By the end of 2025, the number of operational airports is expected to reach 200.
“The potential for partnership between India and France is immense,” Naidu remarked, further reinforcing the collaborative spirit that Airbus and French aerospace firms seek to cultivate in India.
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