BOC Aviation announced (25-Sep-2013) an additional firm order for the purchase of 25 A320 family aircraft comprising 13 A320ceo and 12 A320neo family aircraft. The order comprises A320 and A321 variants. BOC Aviation will make its engine selection at a later date. The order from BOC Aviation for 25 more A320 family aircraft comes less than a year after their previous order for 50 A320 family aircraft. BOC Aviation MD and CEO Robert Martin said, “The Airbus A320 and A321 family has a proven track record of operational efficiency as well as the support of airline customers seeking a superior travel experience for passengers taking short-haul and medium-haul routes. The fact that we have placed orders for 75 of these aircraft in less than a year speaks of our commitment to our customers to be their lessor of choice with modern, fuel-efficient aircraft for their benefit and for the comfort of their customers.” Including this latest purchase agreement, BOC Aviation’s cumulative orders for new Airbus aircraft reach a total of 212 (206 A320 family and six A330 family aircraft). [more - original PR]
BOC Aviation orders 25 A320 family aircraft, including 12 A320neo
You may also be interested in the following articles...
AirAsia Group fleet analysis: expansion to resume in 2017 with 32 deliveries including 15 new leases
The AirAsia Group is accelerating expansion in 2017 after deciding to lease 15 additional A320ceos which were not previously in its fleet plan. AirAsia now plans to take delivery of 32 A320s in 2017 (11 A320neos and 21 A320ceos) while returning three aircraft, for a net gain of 29 aircraft, marking its biggest expansion since 2013.
The AirAsia Group took delivery of only 10 aircraft in 2016 and originally was planning to take delivery of just 10 aircraft again in 2017. It initially slowed its fleet growth in 2015, with four deliveries, after several years of rapid double digit fleet expansion.
The AirAsia Group’s active fleet grew by only two aircraft in 2016 and shrank by two aircraft in 2015, when aircraft sales, leases outside the group and lease returns are taken into account. Fleet growth peaked in 2013 with 36 aircraft, before initially slowing to 18 aircraft in 2014 as market conditions became more challenging.
China and France expand flights for airlines, giving China aeropolitical negotiating leverage
China and France have agreed to a significant expansion of flights between their countries. Chinese airlines, which have no more than 50 weekly flights to France, will be permitted to grow to 126 weekly flights within a few years. This tranche of rights will likely double the number of Chinese airlines in France (currently four) and take Chinese airlines to serving French cities other than Paris.
Air France will likely grow partnerships with SkyTeam's China members, although Air France will need to make concessions on its existing China JVs. It is unclear whether Air France will revisit considerations of investing in China Southern.
Chinese airlines will become France's second largest source of foreign long haul flights, and in the long term China could surpass the US. For China, France could become its third largest long haul market after the US and Australia. France is China's third major aeropolitical expansion in recent months, after the UK and Australia. This could give China leverage to press the US and Canada to expand traffic rights, although these markets are far more convoluted.