27 January, 2012

Boeing and Airbus will update the park and Norwegian Air will buy 222 new aircraft

The airline Norwegian Air Shuttle ordered from Boeing and Airbus aircraft 222 in the amount of $ 21.5 billion this order, according to the company, became the "largest in the history of European aviation."

The Norwegian airline Norwegian Air Shuttle has placed an order for 222 narrow-body aircraft manufacture Boeing and Airbus. A total order price was 127 billion Norwegian kroner ($ 21.5 billion). Under the order the airline to buy 100 planes Airbus A320neo, 100 pieces of Boeing 737MAX8, as well as 22 aircraft Boeing 737-800. Some of them will be equipped with engines that reduce fuel consumption and reduce noise.

Terms of the deal also gives the company the right to subsequently buy another 150 aircraft from both companies. The first aircraft of this order will be delivered in 2016. Norwegian Air Shuttle, which operates under the name Norwegian, is the second largest airline in Scandinavia after Scandinavian Airlines (SAS).

As said in a statement, it was the largest order in aviation history of Europe. "This is a historic moment for the Norwegian ... We have provided a renewal of its fleet for years to come," - said the head of the airline Bjorn Kos. Following the announcement of placing an order, Norwegian Air Shuttle shares traded in Oslo increased by 15%.

Experts point out that this move will allow Norwegian to strengthen its position in competition with main rival-SAS. "This is a tremendous opportunity for growth in the future and how we see, SAS can not take anything like that, given the situation with their debts," - said analyst Christian Dyuvik Handelsbanken, who was quoted by Reuters. SAS increasingly difficult to cope with competitive cost competitors such as Norwegian, so the SAS airline has not received an annual profit since 2007. However, it is expected that SAS will report earnings for the year 2011. At the same time Norwegian managed to increase passenger traffic to 3 million people in 2011 to 16 million

In general, according to Bloomberg, the global market narrow-body aircraft will be $ 2 trillion over the next 20 years.

No comments:

Post a Comment