By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Airbus unveils close to $10bn of orders at Paris show overshadowed by Air India disaster
News

Airbus unveils close to $10bn of orders at Paris show overshadowed by Air India disaster

News Room
Last updated: 2025/06/16 at 1:53 PM
By News Room
Share
4 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Airbus dominated the first day of the biennial Paris Air Show, unveiling close to $10bn of orders after its rival Boeing cut back its activities following last week’s fatal Air India crash. 

The European planemaker has secured an order for up to 77 freight and passenger aircraft from Saudi Arabian leasing company AviLease, as well as deals with Riyadh Air and Polish airline LOT.  

The world’s largest aerospace industry gathering is taking place just days after the crash of an Air India flight bound for London. The plane, a Boeing 787-8, crashed shortly after taking off from Ahmedabad, killing all but one of 242 people on board.

Boeing scaled back its presence at the show after the disaster, with chief executive Kelly Ortberg and Stephanie Pope, the head of its commercial aircraft division, both cancelling plans to attend. 

Investigators in India are continuing to examine one of the plane’s “black box” flight recorders, which records cockpit voices and flight data, to try to determine what happened.

The world’s two largest planemakers typically vie for large orders but the accident has cast a shadow over the show, which is also taking place against a backdrop of worries about US tariffs and worsening conflict in the Middle East.

AviLease, which is backed by Saudi Arabia’s sovereign wealth fund, kicked off the show with an order for 30 A321 narrow-body aircraft, with options for 25 more, as well as 10 A350 freight planes and 12 options. Last month, it announced an order of 30 Boeing 737 Max jets during US President Donald Trump’s tour of the Middle East.

Riyadh Air announced an order of 25 A350-1000 wide-body Airbus jets, with options for another 25. Poland’s LOT will buy 40 A220 narrow-body aircraft, with an option to extend to 84 planes. 

The combined orders, excluding options, are valued at close to $10bn, according to estimates from aviation consultancy Cirium. Riyadh Air’s order of 25 A350s alone is valued at about $4.6bn, according to Cirium.

The orders announced on Monday bring the order book of Riyadh Air, which plans to operate its first flight later this year, to a total of 182, according to its chief executive Tony Douglas.

The orders come as both Boeing and Airbus have continued to struggle with persistent supply chain problems, with both “selling what they can build”, according to Sash Tusa, analyst at Agency Partners in London. 

In the case of Airbus, this means wide-body A350s because they have a shorter lead time than the bestselling A320 family of narrow-body jets. Airbus has faced challenges increasing output of the A320, particularly because of shortages of engines. 

The Polish order for A220 jets was welcome, said Tusa, because Airbus needs to sell more for the programme to break even.

Read the full article here

News Room June 16, 2025 June 16, 2025
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
The power crunch threatening America’s AI ambitions

Many utility companies are pinning their short-term hopes on “demand response” solutions…

Elon Musk asks Tesla investors to approve $1T pay package, rising oil prices pressure bonds

Watch full video on YouTube

Why beef prices are out of control in the U.S.

Watch full video on YouTube

Yahoo Finance: Market Coverage, Stocks, & Business News

Watch full video on YouTube

How A Million Miles Of Undersea Cables Power The Internet — And Now AI

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

The power crunch threatening America’s AI ambitions

By News Room
News

REX American Resources Corporation 2026 Q3 – Results – Earnings Call Presentation (NYSE:REX) 2025-12-05

By News Room
News

Aurubis AG (AIAGY) Q4 2025 Earnings Call Transcript

By News Room
News

A bartenders’ guide to the best cocktails in Washington

By News Room
News

C3.ai, Inc. 2026 Q2 – Results – Earnings Call Presentation (NYSE:AI) 2025-12-03

By News Room
News

Stephen Witt wins FT and Schroders Business Book of the Year

By News Room
News

Verra Mobility Corporation (VRRM) Presents at UBS Global Technology and AI Conference 2025 Transcript

By News Room
News

Zara clothes reappear in Russia despite Inditex’s exit

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?