Farnborough Air Show

Asian, Latin carriers join buying binge

 - July 20, 2010, 12:17 PM

First came the Middle East carriers on Monday, then yesterday it was the turn of Asian and Latin American airlines to keep the Farnborough airshow cash registers ringing with deals done covering roughly $6.5 billion in new business for Airbus.

Hong Kong Airlines is to upgrade existing orders for 15 A330s to the new A350 XWB widebody and is to order ten A330-200s as well. From Chile on the other side of the globe, LAN Airlines said it will acquire 50 A320-series machines that include 10 A321s.

HKA’s A330s are to begin delivery in two years’ time, followed by the initial A350 in 2018. The four-year-old carrier, which has orders covering a further eight A330s and 30 A320s, will fly the twin-aisle aircraft between Hong Kong, Europe and North America.

If converted to an order, the LAN memorandum of understanding will become the European manufacturer’s largest single sale to Latin America . It also will bring the operator’s total Airbus orders to 152 aircraft.