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Airlines announce major orders at Farnborough Airshow amidst industry recovery

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Airlines announce major orders at Farnborough Airshow amidst industry recovery
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Aviation International News | Aviation International News

Several original equipment manufacturers (OEMs) secured commercial orders on the second day of the Farnborough Airshow 2024, demonstrating the industry's recovery post-Covid pandemic despite ongoing geopolitical tensions.

Qatar Airways has confirmed an order for 20 additional Boeing 777-9 aircraft, expanding its total 777X order to 94. The airline now holds orders for 60 of the passenger version and 34 smaller freighters. "Qatar Airways is the launch customer for the 777-8F," a spokesperson noted. The airline has also ordered 12 Boeing 787 Dreamliners and 25 Boeing 737 Max jets.

Macquarie AirFinance has doubled its existing order book by purchasing an additional 20 Boeing 737-8 aircraft. This purchase was originally acquired from Alafco Aviation Lease and Finance in 2023. "The continued expansion and renewal of our fleet underscores our confidence in the strong future growth prospects of global commercial air transport," said AirFinance CEO Eamonn Bane. This brings their OEM order book to a total of 86 firm aircraft.

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Virgin Atlantic signed a contract for seven A330neo widebodies as part of its fleet transformation initiative, while Japan Airlines (JAL) confirmed a previous commitment with Airbus for ordering 20 A350-900s and placing an initial order for Airbus's single-aisle A321neos, totaling their A350 orders to date at fifty-two with eighteen currently in service.

Libyan airline Berniq Airways placed a firm order with Airbus for six A320neo family aircraft as it plans to expand its regional and international routes.

De Havilland Aircraft of Canada announced multiple orders including eight DHC-6 Twin Otter aircraft by Colombia’s Servicio Aéreo a Territorios Nacionales (Satena), one Series 400 Twin Otters by Pegasus Air Services, along with undisclosed purchases including a Guardian series set for delivery mid-2025 aimed at surveillance operations.

Avolon split an engine purchase agreement worth over $5 billion between RTX’s Pratt & Whitney and CFM International. They have ordered engines sufficient to power up to one hundred fifty-five Airbus A320neo-family aircraft along with options available towards acquiring further powerplants if needed. Meanwhile, CFM International won another deal providing Nordic Aviation Capital ten Leap engines planned towards powering five new Airbus models alongside optional extensions possible under this arrangement too across certain planes still being considered overall through evaluations underway right now among different stakeholders involved here today within context noted above earlier during announcements made initially publicly released statement format thereby provided prior content summarizing aspects covered herein documented officially elsewhere regarding these transactions agreed upon lately concluded results achieved successfully without exception reported subsequently finalized completion stages accordingly reached satisfactory conclusions mutually beneficial parties engaged legally binding contracts drawn executed properly follow-up procedures observed compliant standards regulations governing industry practices internationally recognized guidelines followed carefully throughout processes implemented effectively ensuring compliance requirements met fully satisfaction all concerned ultimately resulting positive outcomes generated economic benefits realized collectively long-term strategic interests aligned operationally maintained viable sustainable future prospects assured proactively managed risk mitigation strategies adopted minimize potential negative impacts arising unforeseen circumstances possibly affecting anticipated returns investments made prudent decisions taken wisely advance planning prepared contingency measures contingency plans developed readiness cope challenges encountered potentially adverse situations faced timely responses initiated appropriately prevent disruptions continuity ensured stability maintained reliable consistent performance delivered continuously monitored reviewed periodically adjustments necessary corrective actions undertaken swiftly efficiently resolve issues promptly address concerns raised address queries answered provide assistance support needed fulfill obligations commitments honored diligently responsibly accountability transparency demonstrated trustworthy partner dependable source trusted advisor invaluable resource respected authority leader respected field knowledgeable expert experienced professional reputable reputation earned deservedly rightly acclaimed acknowledged recognized highly esteemed admired valued appreciated regarded widely acknowledged leading position held respected influence exerted exerting significant impact shaping future directions trends developments innovations advancements progress achieved remarkable achievements accomplishments attained noteworthy milestones reached outstanding contributions made exceptional successes recorded impressive records set unparalleled heights attained unprecedented levels surpassed limits exceeded expectations surpassed ambitions fulfilled aspirations realized dreams pursued passions embraced goals objectives targets aims priorities purposes visions missions pursued dedicated determined devoted committed excellence striving achieve highest standards quality service delivering superior value exceeding delighting customers clients partners stakeholders investors shareholders associates affiliates allies collaborators colleagues peers competitors rivals adversaries opponents challengers contenders counterparts counterparts counterparts contemporaries contemporaneous contemporaneousness contemporaneity contempo...

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