Paris Air Show 2011 may generate upto 600 firm orders, says report
20 Jun 2011
The 49th Paris Air Show, which opens Monday, is likely to experience a deluge of firm orders with home boy Airbus walking away with around 70% of the total, says New York-based analysts, the Buckingham Research Group.
According to Buckingham, orders at the show are likely to be dominated by the Airbus 320neo. A much anticipated Boeing counter to the A320neo is not likely to materialise, the reports adds.
According to Airbus COO, customers, John Leahy his "target" is to have more than 500 A320neo "commitments" by the end of the air show.
Buckingham also believes the buzz at the Le Bourget show is likely to be all about developments related to the A350. In this regard it says Airbus will announce a delay in the entry-into –service (EIS) of the A350-1000 to 2017, from 2015, and an announcement from Rolls Royce is expected about an upgrade to the Trent XWB engine.
Unlike last year's Farnborough Air Show, which alternates with Le Bourget, where lessors dominated order announcements, Buckingham predicts this year it will be airlines making the majority of announcements.
It warned that Boeing's heavy backlog and production rates would act as an impediment to collecting new aircraft orders. Boeing is currently selling B737 orders for 2016, B787 orders for 2017 and B777 slots for 2015.
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