News from the international airshow circuit can be revealing and deceiving in equal measure. Two years ago, the 2007 Dubai Airshow generated a record-breaking $155 billion in orders. This year’s Dubai Airshow, held November 15 to 19, saw just $14 billion in new business announced.
how do you top an event that broke airshow records in 2007 when it generated $155 billion worth of business in just five days– roughly equivalent to the gross domestic product of Hungary or Kuwait for an entire year? Fairs & Exhibitions surely never expected the 2009 Dubai Airshow to top its predecessor in terms of sheer monetary value, and indeed the final orders tally–valued at $14 billion–came to less than 10 percent of the 2007 total.
Kuwait-based low-fare carrier Jazeera Airways has selected U.S. avionics manufacturer Rockwell Collins (Stand E350) to supply avionics and in-flight entertainment (IFE) systems for 30 Airbus A320s, deliveries of which are set to start in January. The airline already operates 10 Airbus A320s, which are fitted with 165 leather seats in two classes: Jazeera class and Jazeera Plus class.
Kuwait-based Jazeera Airways expects to make a profit this year, even though it reported a $7.6 million first-half loss. “We are going to be profitable for the full year,” said chief executive Stefan Pichler, who joined the airline in June from a position as chief commercial officer at Virgin Blue. The low-cost carrier plans to open a second hub in 2010, having dropped routes to Beirut, Delhi, Mumbai, Salalah and Sanaa this year.
Continued eastward migration of low-cost carriers (LCCs) from North America and Europe to regions such as the Middle East and Asia arguably has established the credibility of this air transport business model.
Airbus looked intent on making up for two years of persistent hits to its credibility virtually all at once yesterday with a nearly uninterrupted string of sales, order “commitments” and MoU announcements, led by firm orders for 80 A350 XWBs from Qatar Airways and 60 A320s from GE Commercial Aviation Service.
Kuwaiti private carrier Jazeera Airways has signed a 10-year MRO contract with Lufthansa Tecknik to support its fleet of Airbus A320s. The airline has so far taken two of the airplanes and expects two more to arrive next summer. The contract covers any further airplanes that join Jazeera’s fleet.
Airbus took some of the sting out of its rival Boeing’s blockbuster sales announcement yesterday with a pair of significant orders of its own for A350s and A320s.
Seasoned Paris Air Show delegates puzzled to see an airline among the aerospace manufacturers’ hospitality chalets at the June 2005 event should not have been surprised at the presence of Qatar Airways, since members of its burgeoning all-Airbus fleet have now graced the static park at several international shows.
Kuwait’s Jazeera Airways has extended its total technical support (TTS) agreement with Lufthansa Technik to include total engine support (TES) valued at more than $70 million.