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18

Airbus Wins $750 Million Air New Zealand Deal

Airbus has won an order from Air New Zealand for fifteen single aisle...

Airbus has won an order from Air New Zealand for fifteen single aisle planes worth about three quarters of a billion dollars, taking a long time customer from rival Boeing.

The New Zealand national carrier also took options on twenty additional A320 class aircraft to replace its current fleet of leased Boeing planes. Delivery of the aircraft will begin in October 2003 as leases on Boeing 737-300s expire.

Airbus and Boeing are struggling to win orders after the September 11th terrorist attacks and slowing economic growth sapped airlines' demand for new planes.
The carrier has been shopping for more fuel efficient jetliners to help it return to profit.

?It is a bit surprising they have gone to Airbus ahead of Boeing,? said Peter Sigley, an analyst at JBWere Ltd. in Auckland. ?It sounds like pound-for-pound they get a bit of an increase in efficiency and seating capacity out of the deal.?

Author: Neftegaz.ru