Report: Boeing set to win $9.2B in orders from plane lessors


Boeing (BA +1.2%) is poised to win orders from two jet-leasing companies for narrow- and wide-body planes valued at as much as $9.2B, with the deals announced at the Farnborough Air Show possibly as soon as tomorrow, Bloomberg reports.

Air Lease (AL +2.4%) reportedly may buy 20 of Boeing’s 737 Max single-aisle jet and six 777 wide-bodies, while BOC Aviation may commit to at least 50 of the Max jets.

Even so, Airbus (EADSF, EADSY) grabbed more than $21B in firm orders and sales deals on the opening day of the Farnborough forum, nearly triple the tally for Boeing.

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Comments (4)
  • velvetbulldozer
    , contributor
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    triple ?.me thinks u failed math.
    14 Jul 2014, 03:20 PM Reply Like
  • tarheelboy
    , contributor
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    How is $21 billion nearly triple $9 billion. Sounds like somebody that needs to pad a story to make their point. Brings into question other so called facts. I'm just saying.
    14 Jul 2014, 03:32 PM Reply Like
  • joegillam
    , contributor
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    Thomas wrote the article.
    15 Jul 2014, 01:14 AM Reply Like
  • sddd
    , contributor
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    Aside from the fuzzy math, which IS technically correct in that when it was written Boeing was "poised" to receive orders. The last statement reflects orders on day 1.

     

    However, in typical Airbus airshow fashion it's much-touted AirAsia order for 50 a330neo's is an MoU. Further, AirAsia has 51 a330ceo's on firm order of which (I think) 18 have been delivered.

     

    Airbus' big news is what MIGHT be the conversion of 32 ceo's to neo's, but only as far as an MoU. It's been a great show for them, but I'm always struck by the need to focus on "we beat Boeing!". As if carriers with billions to spend were concerned with a popularity contest.

     

    Notably absent, how many a350 orders will be cannibalized by the a330neo. The neo is a good launch, and wanted by the market, but there will be a marked affect on a350 orders. At the same time, it's a re-engined variant that will be considered old well before its competitors.
    15 Jul 2014, 03:42 PM Reply Like
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