Market Intelligence: -Airline Aircraft Orders

Middle Eastern Airline Emirates Scheduled to Take Delivery of 10 New Airbus A350 by March 2025

Dubai, United Arab Emirates based Emirates has announced it will have new Airbus A350 entering service from September 2024 with 10 new Airbus A350 expected to join the Emirates fleet by 31st of March 2025.

Emirates has 65 A350-900s on order, and all are carefully planned to support the airline’s future growth as well as Dubai’s D33 economic agenda set out by HH Sheikh Mohammed bin Rashid Al Maktoum, to add 400 cities to Dubai’s foreign trade map over the next decade.

Source: Emirates
Photo Credit: Emirates

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Indian Airline, IndiGo, Places Order for 30 Airbus A350 Widebody Aircraft in May 2024

IndiGo, India’s largest airline, has placed a firm order for 30 Airbus A350-900 aircraft. The order will help expand IndiGo’s international network to long-haul destinations.

India, the world’s fastest growing major aviation market, is on the verge of an international travel boom as the economy grows and household incomes rise. The A350 is perfectly positioned to serve the country’s aspirations for long-range travel. The choice of the A350 is a reaffirmation of IndiGo’s continued trust in Airbus and is yet another validation of the aircraft as the undisputed leader in long-haul air travel.

“Today’s historic moment marks a new chapter for IndiGo and will further shape the future of the airline and for Indian aviation at the same time. For IndiGo, after successfully pioneering the Indian skies with an unprecedented journey, its fleet of 30 Airbus A350-900 aircraft will allow IndiGo to embark on its next phase of becoming one of the leading global aviation players. At IndiGo, we take pride in being India’s preferred airline and for offering connectivity to our customers, in and with India. This reaffirms IndiGo’s belief in, and commitment to, the growth of India, and in our strategic partnership with Airbus,” said Pieter Elbers, CEO, IndiGo.

“A heartfelt thank you to IndiGo for putting its trust in Airbus once again, and to our respective teams who negotiated this agreement for 30 A350s. IndiGo’s first widebody order opens an exciting new chapter in our close partnership. We are proud that our fuel-efficient, next-generation A320 Family revolutionised domestic air travel in India, and that now the A350 is poised to replicate the same success on long-haul routes,” Benoît de Saint-Exupéry, Airbus EVP Sales, Commercial Aircraft.

Bound in a relationship of symbiotic growth with India for more than half a century, Airbus products and services have catalysed the growth of the country’s civil aviation sector. While the Airbus A320 Family is supporting the democratisation of air travel in India, the A350 has become the reference aircraft to unlock the true potential of the international market for the Indian carriers.

IndiGo is among the fastest growing airline companies in the world, and is one of the largest A320 Family customers.

The A350 is the world’s most modern and efficient wide-body aircraft in the 300-410 seater category. The A350’s clean sheet design includes state-of-the-art technologies and aerodynamics delivering unmatched standards of efficiency and comfort. Its new generation engines and use of lightweight materials bring a 25 per cent advantage in fuel burn, operating costs and carbon dioxide (CO2) emissions, compared to previous generation competitor aircraft.

Source: Airbus

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Airbus Announces 2024 Appointment for Chief Executive Officer for North America Operations

Airbus SE has announced that C. Jeffrey Knittel is retiring as Chairman and Chief Executive Officer of Airbus Americas, Inc. effective June 3, 2024, after serving as the region’s top executive since 2018. He will remain with Airbus through a transition period. Robin Hayes, former CEO of JetBlue Airways, has been selected to succeed him.

Hayes brings 35 years of global aerospace leadership to Airbus having served in a series of  senior executive roles at British Airways over the course of his 19-year tenure, and JetBlue,  where he was CEO for nine years. From 2020 to 2022, Hayes was Chair of the IATA’s Board of Governors, where he championed the association’s commitment to achieve net zero  carbon emissions by 2050. Hayes will report to Airbus CEO Guillaume Faury.

“I am delighted to welcome Robin to Airbus,” said Airbus CEO Guillaume Faury. “Together with the leadership team we’re looking forward to having Robin and his vast industry experience onboard to further deliver on our strategic objectives for the region across all the Airbus businesses and further grow our North American footprint. I want to thank Jeff for his many contributions to Airbus’ success over the years, and I wish him all the best for a well deserved retirement.”

As Chairman and CEO, Hayes will lead the commercial aircraft business, and will have responsibility for coordination among the company’s helicopters, space and defense businesses in North America. The region has more than 10,000 Airbus employees across 50 sites. Additionally, Airbus spends $15 billion annually with more than 2,000 U.S. suppliers in over 40 states.

“After some time off, I am excited and energised to join Airbus and build on the incredible success in the region. I have known Jeff and the Airbus team for well over a decade and I believe they have done a terrific job leading Airbus in the Americas. It is an honour for me to take up this opportunity to be part of the Airbus team,” said Hayes. “Airbus’ commitment to safety and decarbonisation is incredibly important to me personally, and I am both motivated by and committed to contributing to the Airbus purpose to pioneer sustainable aerospace.”

During Knittel’s tenure, Airbus has grown its presence in the Americas and expanded its industrial and manufacturing footprint, doubling the region’s commercial aircraft deliveries. Knittel brought 40 years of aviation finance, leasing and manufacturing experience to Airbus, previously serving as President of CIT Aerospace and CIT Transportation Finance.

“My time at Airbus has been a privilege and I am immensely proud of what the team has accomplished during our time together. We significantly increased revenues, grew market share and expanded our presence and operational footprint across all three Airbus businesses,” said Knittel. “The future is bright for Airbus in the region, as it is well-positioned to continue on its growth trajectory. Robin’s vast aviation experience, depth of knowledge and industry relationships make him the right choice at the right time to lead the organisation into the future in line with the Company’s global ambition. I look forward to watching the team reach new heights under Robin’s leadership.”

Source: Airbus
Photo Credit: Airbus

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