Airbus is off to a flying start even before the curtains rise for the Paris Air Show. With an announcement of 60 A320 narrowbody aircraft and 10 A350 widebody orders already in their kitty, Airbus is already making waves. These significant orders, obtained from undisclosed customers, include agreements with leasing companies. This show of strength signals the Paris Air Show’s much-anticipated return to Airbus’s home grounds after a gap of four years.
Airbus Starts Strong
Christian Scherer, the Chief Commercial Officer of Airbus, revealed these sales at a press briefing held in Paris. Alongside Scherer were Airbus Chief Executive Officer Guillaume Faury and other top management representatives. Scherer mentioned that these orders would reflect in the company’s June tally.
The stage is set for the Paris Air Show, an event renowned in the industry where significant purchases often occur. With the industry slowly recovering from the coronavirus-induced slump, Airbus expects to clinch more widebody agreements during the event. In fact, industry analysts speculate that Airbus might bag over 2,000 orders and commitments during the expo scheduled to commence on the outskirts of Paris on Monday.
The Aviation Industry Revives with a Resurgence in Travel
As travel gradually bounces back, airlines and leasing companies are scrambling to secure their orders. This rush is also due to extending delivery times. However, the ambitious plans to increase output face hurdles in the form of supply chain bottlenecks.
CEO Faury noted his expectation of these obstacles persisting for an extended period. Despite these challenges, the recent orders signify the strong recovery of the aviation industry, setting a positive tone for the upcoming Paris Air Show.
This resounding start by Airbus, coupled with the anticipation of further orders at the Paris Air Show, signifies a hopeful resurgence of the aviation industry from the pandemic’s effects. As the industry’s biggest players, such as Airbus, take confident strides, the world is sure to watch with baited breath as the Paris Air Show unfolds. With its early bird orders, Airbus certainly seems to have caught the worm.
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