Thursday 7 February 2013


Air Lease Corp. places €6,6 billion order with Airbus, while Japan Airlines seeks compensation from Boeing

Steven Udvar-Hazy’ Air Lease Corp. (AL) today placed an estimated $9 billion (around €6,6 billion)order with Airbus SAS for new planes, including 25 A350 wide-body jets, while Japan Airlines (JAL) is planning to seek compensation from Boeing after the costs of grounding its 787 Dreamliner has been determined to around 700 million yen (€5.5 million).
AL’s A350 purchase consists of 20 A350-900s, the first variant of Airbus’s new long-range plane due to enter service, and five larger A350-1000s. Also the company agreed to buy 14 single-aisle A321neos. Airbus SAS will deliver the A350s from 2018 through 2022.
 The A350 is Airbus’s biggest twin-engine model, while the A321 is the planemaker’s largest narrow-body plane.
This purchase is a significant boost for Airbus, the European leading aircraft manufacturer, since its American rival, Boeing was forced to ground the global Dreamliner fleet last month.
On the other hand, Japan Airlines that is attempting to recover from bankruptcy, is now raising claims for damages after US authorities grounded all 50 Boeing 787 airplanes in global use due to battery problems. JAL also claims that the grounding of its 787 fleet would postpone the launch of a nonstop service between Tokyo and Helsinki scheduled to begin February, 25. JAL's Japanese rival All Nippon Airways also announced last week that it would seek compensation from Boeing.

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