Market Intelligence: -Airline Aircraft Orders

Global Aircraft Manufacturer Highlights First Half 2022 Performance and Orderbook Backlog

Airbus in its first half of 2022 report highlights targets on aircraft production. Highlights and an excerpt from the report are as follows:

  • 297 commercial aircraft delivered in H1 2022
  • A320 Family monthly production rate target of 75 for 2025 unchanged; adjustment to 2022 and 2023 ramp-up trajectory
  • 2022 guidance updated to around 700 commercial aircraft deliveries
  • Gross commercial aircraft orders increased to 442 (H1 2021: 165 aircraft)
  • Net orders of 259 aircraft after cancellations (H1 2021: 38 aircraft).
  • The order backlog amounted to 7,046 commercial aircraft on 30 June 2022.

“The supply chain challenges are leading us to adjust the A320 Family ramp-up steps in 2022 and 2023, and we now target a monthly rate of 65 in early 2024 […]” said Guillaume Faury, Airbus Chief Executive Officer. “The Airbus teams are engaged with suppliers and partners to ramp up towards an A320 Family monthly production rate of 75 in 2025, backed by strong customer demand.”

“On the A320 programme, production is progressing towards a rate of 75 aircraft per month in 2025 as previously communicated. Given the current supply chain challenges, the Company is adapting the ramp-up trajectory and now targets a monthly rate of 65 in early 2024, around six months later than previously planned. The first flight of the A321XLR took place in June, representing an important milestone towards the aircraft’s entry-into-service that is expected to take place in early 2024. On widebody aircraft, the Company is exploring, together with its supply chain, the feasibility of further rate increases to meet growing market demand as international air travel recovers.”

Source: Airbus Press Release

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Malaysia Airlines to Acquire 20 Airbus A330neo for Widebody Fleet Renewal

Malaysia Aviation Group (MAG), parent company of Malaysia Airlines, has selected the A330neo for the carrier’s widebody fleet renewal programme. The initial agreements cover the acquisition of 20 A330-900 aircraft, with 10 to be purchased from Airbus and 10 to be leased from Dublin-based Avolon.

The announcement was made at an event in Kuala Lumpur, attended by MAG CEO Izham Ismail and Airbus Chief Commercial Officer and Head of International Christian Scherer, who signed a Memorandum of Understanding (MOU) for the aircraft to be ordered from Airbus. The agreements with engine manufacturer Rolls-Royce and Avolon were also signed at the ceremony.

Powered by the latest Rolls-Royce Trent 7000 engines, the A330neo will join the carrier’s fleet of six long range A350-900s and gradually replace its 21 A330ceo aircraft. The carrier will operate the A330neo on its network covering Asia, the Pacific and the Middle East. Malaysia Airlines will configure its A330neo fleet with a premium layout seating 300 passengers in two classes.

Izham Ismail said: “The acquisition of the A330neo is a natural transition from our current A330ceo fleet. The A330neo will not only provide fleet modernisation and enhanced operational efficiency, but will also meet environmental targets through reduced fuel-burn per seat, while keeping passenger safety and comfort at its core. This is a significant milestone as MAG moves towards the successful execution of our Long-Term Business Plan 2.0 to position itself as a leading aviation services Group within the region.”

In addition to the renewal of the widebody fleet, Airbus and MAG also signed a Letter of Intent (LOI) to study a wider collaboration in the areas of sustainability, training, maintenance and airspace management.

Christian Scherer said: “Malaysia Airlines is one of the great Asian carriers and we are proud and humbled to be its preferred supplier of widebody aircraft. The decision is a clear endorsement of the A330neo as the most efficient option in this size category for premium operations. It’s also the clear winner in terms of in-flight comfort and we are looking forward to working with Malaysia Airlines to define an exceptional cabin experience.”

The A330neo is the new generation version of the popular A330 widebody. Incorporating the latest generation engines, a new wing and a range of aerodynamic innovations, the aircraft offers 25% reduction in fuel consumption and CO2-emissions. The A330-900 is capable of flying 7,200nm / 13,300km non-stop.

The A330neo features the award-winning Airspace cabin, providing passengers with a new level of comfort, ambience and design. This includes offering more personal space, larger overhead bins, a new lighting system and the ability to offer the latest in-flight entertainment systems and full connectivity. As with all Airbus aircraft, the A330neo also features a state-of-the-art cabin air system ensuring a clean and safe environment during the flight.

As at the end of July 2022, the A330neo has received more than 270 firm orders from over 20 customers worldwide.

Source: Airbus Announcement

Photo Credit: Airbus

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