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Big contracts for Airbus in Asia

Latest update : 2008-02-22

Japan Airlines Corp. is reported to be considering the Airbus A350 after delivery delays of 55 Boeing 787's. The announcement follows that of Chinese leasing company BOC Aviation, which signed a contract Friday for five long-haul Airbus aircraft.

BOC Aviation, an aircraft leasing firm owned by the Bank of China, said Friday it has ordered five A330-200F cargo planes from European manufacturer Airbus.
The Singapore-based company did not provide a value for the orders but at catalogue prices the deal is worth a total of 877 million dollars.
BOC Aviation, which is 100 percent owned by the Bank of China, announced the deal at the Singapore Airshow.
The planes are scheduled for delivery in 2012 and 2013, and it marked the first time that the company has ordered cargo aircraft directly from a manufacturer, BOC Aviation said in a statement.
With dynamic Asian economies playing a bigger role in global trade, analysts say there is a growing market for freighter aircraft in the region.
"This order reflects our confidence in strong future demand for widebody production freighter aircraft," said BOC Aviation chief executive Robert Martin.
"The payload capability and range of the A330-200F make it an appealing choice in the mid-size category and we feel sure that the aircraft will provide use with a strong return on our investment."
The twin-engine A330-200F is capable of carrying 64 metric tonnes over 4,000 nautical miles (7,400 kilometres) in its standard version, said BOC Aviation, which has more than 70 aircraft flying with airlines worldwide.
It has 65 firm aircraft orders for delivery through to 2013, including the five A330-200F and 20 single aisle A320s.

Date created : 2008-02-22