The World Trade Organisation has reached a final conclusion on a dispute over aircraft subsidy between the United States and the European Union, with both Boeing and Airbus claiming victory. However, the transatlantic dispute looks set to continue as both sides study the judgement.
United States plane manufacturer Boeing has criticised a German government decision to offer rival Airbus a £1 billion loan. The American company has also attacked the timing of the decision, with the WTO expected to outlaw any further financial support this week.
Eleven A320 family aircraft delivered from Tianjin on schedule and on quality.
The aviation industry has received one of the clearest signals yet of embarking on the road to recovery after United Airlines placed an order for 50 aircraft from Boeing and Airbus, worth almost $10bn, and marks its first order in over a decade.
The first composite lay-up for the A350 XWB has been manufactured today in Nantes, France, and marks the ‘coming to life’ of Airbus’s new long range aircraft.
Airbus has trounced its bitter rival Boeing at the Dubai Air Show by received five times more orders by value. It received US$5.3bn in orders and letters of intent, against two orders worth US$800m from Boeing. However sales were down dramatically from the last time the biannual show was held in 2007, when they received a combined order worth US$75bn.
During the 2009 Dubai Air Show, Airbus announced commitments across its broad product range covering a total of 33 aircraft, valued at over US$5.3 billion. These commitments include firm orders for 15 aircraft worth more than US$3.6 billion, plus memorandum of understanding (MoU) agreements for a further 18 aircraft totalling around $1.7 billion.
Airbus has revealed it has won an order from Ethiopian Airlines, a long-term Boeing customer for 12 of its new A350 XWB aircraft in a deal valued at about $2.8 billion at list price, bringing its total worldwide orders for the plane to 505.
Air New Zealand is replacing its domestic fleet of Boeing 737-300s with $1bn worth of Airbus A320s. The first plane will be delivered in 2011, with the rest of the fleet gradually replaced by 2015.
Saudi Arabian Airlines (Saudia), Saudi Arabia’s national airline, has taken the delivery of its first Airbus A320 becoming the newest operator of the aircraft. The aircraft was acquired under a long term lease agreement with ALAFCO.
Airbus welcomes the latest steps towards the approval by ASTM International, one of the largest voluntary standards developing organizations in the world, for the use of a 50 per cent synthetic jet fuel in commercial aviation. Synthetic liquid jet fuels can be made from biomass, natural gas or coal. All of these are known as xTL fuels.
Airbus’ Chief Operating Officer John Leahy has revealed he is optimistic that the airline industry is recovering — although he warned that financing conditions remain tight. The company says airlines will buy 25,000 planes worth $3.1 trillion over the next 20 years, buoyed by Asian sales and increased demand for single-aisle models.