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27/07/2022

Boeing dominates Farnborough airshow aircraft orders, but Airbus dominates global backlog

Using IBA Insight, we summarise key highlights from the Farnborough Airshow 2022.

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Image: Boeing/ANA

 

Whilst we witnessed one of the most subdued Farnborough and Paris airshow performances for some years, this year’s show brought notable improvements for Boeing’s MAX family amidst global supply chain challenges.

 

 

Boeing – 176 total orders

Boeing stole the show at Farnborough this year, with the highest number of aircraft orders. IBA Insight reveals that the single largest order came from Delta, who committed to 100 Boeing 737 MAX 10 aircraft with an additional 30 options. As the MAX 10 is not expected to be certified until 2023, the operator has the option to shift their order to another member of the MAX family if required. It was a good week for the MAX family, with other orders coming from 777 Partners, Aviation Capital Group and Qatar Airways. Boeing also saw some modest interest for its widebody aircraft and freighters. Commitments were announced for passenger Boeing 787-8 and 787-9 aircraft from the likes of Azerbaijan Airlines and AerCap, and Cargolux elected the 777-8F freighter as a replacement for their fleet of Boeing 747-400F aircraft.

 

Airbus – 85 total orders

Whilst grabbing fewer headlines, Airbus agreed some positive deals at Farnborough this year. The OEM’s largest order came from easyJet, who placed an order for 56 A320neo aircraft (including an upsizing of 18 A320neo aircraft to the A321neo). Delta became the lead customer for the smaller Airbus A220 aircraft following options for 12 A220-300 aircraft, bringing their total orders of the type to 107 aircraft. LATAM ordered 17 A321neo aircraft and confirmed interest in the A321XLR.

 

ATR – 58 total orders

American ultra-low-cost carrier Avelo is to acquire a total of 20 ATR aircraft, made up of 10 short take off and landing ATR42-600S aircraft and 10 ATR72-600 aircraft. A further order for one ATR42-600 came from Oriental Air Bridge, and a letter of intent was signed with Japanese start-up Feel Air Holdings for 36 ATR42 and ATR72 types.

 

Embraer – 30 total orders

North American operators provided the backbone of Embraer orders this year, with E175 orders from Alaska Airlines and E195 E2 orders from Porter Airlines. It was also confirmed that Astral would take the first 2 E190Fs from NAC’s freighter conversions. In addition to orders for existing aircraft, the Brazilian manufacturer also received over 250 letters of intent for its new concept turboprop aircraft.

 

 

IBA Insight flexibly illustrates multiple asset, fleet, and market positions, actual and potential, to inform client choices and identify acquisition opportunities. Immediate access to crucial aircraft, engine, lease rate and fleet data eases appreciation of historic and future aircraft concentrations and operator profiles.

 

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