Farnborough Orders

seems like Virgin America is ready to order 60 A320s sometime soon.

Thai 7 A333 (not confirmed)

Garuda 6 A332 (?)

Germania 5 A319

Qatar exercises options of two more 772ERs.

Sukhoi has sold 40 Superjet aircarft today

Company Sukhoi Civil Aircraft “today at British airshow Farnoborough sold more than 40 modern aircraft Sukhoi Superjet 100. July 21 Sukhoi signed with “airline” Gazpromavia, a subsidiary of Gazprom, the agreement for the supply of ten SSJ-100, informs “Interfax”.

The transaction at the list price of 323 million dollars, said RIA Novosti.

Another 30 Superjet “Sukhoi” will put the leasing Pearl Aircraft Corporation, an agreement which also signed on Wednesday.The contract with registered in Bermuda Pearl Aircraft is 900 million dollars.The company also received an option to supply an additional 15 SSJ-100.

Sukhoi Superjet 100 is the first civilian aircraft fully designed in Russia, but not in the Soviet Union. The first deliveries of the liner due to begin later this year. To date, without new contracts “Sukhoi” has 131 firm orders at the SSJ-100. Jul. 20, general director of Sukhoi Mikhail Pogosyan said that by 2029 it is planned to release about 800 Superjet, allowing Sukhoi occupy about 15 percent of the global market of regional aircraft.

The American company Pearl Aircraft Corporation will acquire 30 “Superjet

July 21, 2010, Aviation Explorer – Today at the “Farnborough-2010, an agreement was signed between the SuperJet International and U.S. leasing company Pearl Aircraft Corporation to supply 65 Sukhoi Superjet 100 aircraft (30 – solid order, 15 – an option, 20 – the right to purchase). The total sum agreement could be worth $ 900 million AEX.ru

As explained sales director Pearl Aircraft Craig Papayanis, the conclusion of all necessary arrangements to take place before 2013, but the beginning of supply – in 2011

Explained that the leasing company for 10 years of its existence, sold about 120 aircraft to airlines Delta Airlines, Air France, United Airlines, etc. Currently, the package of orders 30 aircraft company, not counting those contracts.

Malaysian company has signed a firm contract for 50 aircraft MS-21

July 21, 2010, Aviation Explorer – Today was signed a firm contract for 50 aircraft MS-21 between the corporation Irkut and Malaysian investment-financial company Crecom Burj Resources Ltd. AEX.ru Malaysian company has become the first launch customer enter into an agreement in the form of a solid contract. AEX.ru

Deliveries will begin in 2016 and completed in 2020.At the signing ceremony was attended by the head of a corporation Irkut Oleg Demchenko, head of the KLA leader Alexei Fedorov, Minister of Defence of Malaysia and other officials. Transaction support the Savings Bank, Barclays Bank, as well as Malaysian banks.

Recall that the 20 July “Ilyushin Finance.” (IFC) and the corporation Irkut signed a memorandum of intent for the supply of 28 and 22 option aircraft MS-21 .

July 19 Irkut Corporation has entered into a contract with EBV-Leasing to supply 15 aircraft MS-21 plus an option for 15 more . In addition, the agreement with the airline Nordwind the supply of three MS-21 and an option for 2 aircraft.

orders update…

China’s Okay Airways orders 10 737s
Air Austral 2 77LRs
News of RBS Aviation ordering a mix of 100 320s and 737s.

Thanks for clearing that up Andy

So thats up to a possible 140 Embraer 175s for Flybe? They must be feeling a bit ambitious! 😮

Am I correct in the assumption that the 40 ‘purchase right’ options means that Flybe have negotiated the price and have the option but not the obligation to acquire the a/c. Whereas the 65 options will require further purchase negotiations.

No… Usually:

Option = paid deposit, pre-agreed price AND delivery date/position, with the “option” to go ahead or cancel before a pre-agreed date

Purchase right = pre-agreed price but no committed delivery date/position (can be converted into an option or an order, but only when that is done will delivery date/position be determined)

That is, options are a bit more firm than purchase rights, and purchase rights usually need further negotiation but options less so.

Andy

Jethro that’s my understanding of it mate, but again I could be wrong. I am back at work tomorrow after some leave, so no doubt there’ll only be 2 topics discussed on the flightdeck over the coming weeks. I’ll be sure to gauge some more information then.

Re Flybe EMB175 order

Deano

35 firm orders, 65 options and purchase rights on another 40.
Essentially 105 options.

Am I correct in the assumption that the 40 ‘purchase right’ options means that Flybe have negotiated the price and have the option but not the obligation to acquire the a/c. Whereas the 65 options will require further purchase negotiations.

Air Lease Corporations orders 60 737s.

interesting… i wonder what Vectra Group will do with the Ka 32s.

Also announced LAN Chile orders 50 A320s.

Air Leace Corporation (ALC) orders 10 ATR 72-600

FARNBOROUGH orders from Russian planemakers so far.

1) 10 Antonov AN-158 contract plus an option for 10 more from Ilyushin Finance http://en.rian.ru/business/20100720/159879889.html
The AN-158 (99 passengers) is the new stretched version of the AN-148 (69 passengers)

2) 12 Sukhoi Superjets from Thailand’s Orient Thai Airlines plus 12 options. http://en.rian.ru/russia/20100720/159879075.html

3) 30 Sukhoi Superjets from Indonesia’s Kartika Airlines http://en.rian.ru/business/20100719/159869944.html

4) 15 MS-21 planes to Russian VEB Leasing http://www.prime-tass.com/news/index.asp?topicid=62
That would be the first deal for this new airliner from Irkut (Yakovlev) whos first flight is due in 2014.

5) 3 Antonov AN-148 contract with Nordvik plus 2 options. http://www.itar-tass.com/level2.html…1818&PageNum=0

6) 4 Kamov Ka-32 to India’s Vectra group http://en.rian.ru/russia/20100719/159869071.html

Interview with Alexey Fedorov (in English) : 50 MS-21 airplane order signed. Customer will be revealed in next few days.

Video of Interview included in article: http://www.flightglobal.com/articles…756/video.html

seems like an age away since i used to use Jersey European on a weekly basis
Exeter to Belfast (via Bristol) and back
that was 1996 on the good old F27
My how things have progressed at the Exeter based airline

I see, I think Flybe is a good case study till now for markets in Asia, specially China and India where airlines are still skeptical on connecting feeder routes and offering more services on regional levels where there is almost nil competition.

If I am completely honest kabir I have no idea. I was told last week that the EMB175 is very, very unlikely, now look what’s happened. It wouldn’t be prudent of me to second guess what they are going to do but I know the 175 initially is to replace alot of Q400s that will be coming to the end of their lease.
With the Air France code share I guess there could be expansion into Europe, I can see something happening in France. I’ve heard we are looking at European bases and an expansion plan consisting of a fleet of 160 aircraft. Again this is only rumour, I can’t say for sure.

Rgds

Dean

Correction made.

Deano what kind of initial expansion will Flybe look at with the arrivals of the first EMBs?

Kabir just to correct you there, 35 firm orders, 65 options and purchase rights on another 40.
Essentially 105 options.

http://www.businessweek.com/news/2010-07-20/embraer-wins-1-3-billion-order-for-35-planes-from-u-k-s-flybe.html

cockerhoop

Easy & Ryan have nothing to fear, we will never compete against them, we fly niche routes from niche bases and this is set to continue. The only times we compete with them is when they put an aircraft on the same route.

Dean