Paris Air Show

Orders Still Flowing on Fourth Day of Paris 2013 Show

 - June 20, 2013, 8:30 AM
United Airlines is making a $4.4 billion investment in a fleet of Airbus A350-1000s.

Airliner orders have kept flowing at the Paris Air Show, with a flurry of late orders from Wednesday and throughout Thursday morning. Airbus was again the main beneficiary as leasing group Hong Kong Aviation Capital ordered 40 A320neos and 20 A321neos in a deal worth $6.4 billion. United Airlines ordered 10 A350-1000s and upgraded 25 -900 options to firm purchases of the larger -1000 in a $4.4 billion contract. Finally, U.S. low-cost carrier Spirit Airlines ordered 20 A321neos and changed options for A320neos into A321s at a total cost of almost $2.6 billion.

ATR has reported its most prosperous ever Paris Air Show with contracts valued at more than $4.1 billion. The latest deal came on Thursday when Air Lease Corp. placed a $120 million order for five ATR72-600s. Late on Wednesday, another leasing group HGI Aircraft signed a $482 million contract for 20 ATR72-600s that will go to Brazilian carrier Passaredo Linhas Aereas. This followed an earlier $2.1 billion deal with Nordic Aviation Capital, which is to take 91 of its twin turboprops.

Rival Bombardier this morning closed a $297 million deal with Arik Air. The Nigerian carrier is buying three CRJ1000s and four Q400s.