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After Boeing showstopper, Airbus seeks order stop



LE BOURGET, France (Reuters) – Airbus, due to the potential loss of a large customer for its best-selling A320neo after British Airways owners IAG launched a Boeings life-saving order founded 737 MAX, ready to back Wednesday with more order for its new A321XLR.

An Airbus A350-1000 is performed during the 53rd International Paris Air Show at Le Bourget Airport near Paris, France on June 18, 2019. REUTERS / Pascal Rossignol

The European Planner has negotiated with US investor Bill Franke whose Indigo Partners have been known to place orders for several airlines within their portfolio and were able to close a deal at the Paris Airshow, industrial sources said.

Airbus refused to comment.

After intensive scrutiny of the security and its public image, Boeing won a customs trust on Tuesday when IAG signed a letter of intent to buy 200 of its 737 MAX jets that have been founded since March after two fatal crashes.

The surprise order raised the energy of a previously subdued aerial exhibition, where the talk had been of the possible end of the space cycle, given the challenges of Boeing and Airbus, as well as geopolitical and trade tensions around the world.

It was not immediately clear how many of the 200 aircraft would end up as fixed orders and how many would be alternatives, nor how it would affect Airbus's presence at IAG, which ordered 14 A321XLR hours before the announcement.

"It is a good coup, but for now it is a communication coup as it is a letter of intent. We will see what kind of business is behind it," says a European industrial source. on the go and seek additional support for the challenged MAX as it offers airlines other great packages at attractive prices.

ORDER PIPELINE

Australia's Qantas Airways said on Wednesday that it would order 10 Airbus A321XLR rays and convert another 26 from existing ones orders already on the plan maker's books.

Airbus is also in talks with the leasing company GECAS and has tried to secure eye-catching orders for A321XLR from JetBlue and American Airlines, although the world's largest operator does not usually announce agreements on air show.

Sales manager Christian Scherer said that there was some softness in the market but did not see an increase in redundancies He told investors that he expected to win more orders for the smaller A220, formerly known as the CSeries.

Both Airbus and Boeing are padded by thousands of orders for single passes.

Guillaume Faury, head of Airbus, predicted an order intake after a slow start to 2019. He expressed concern about trade tensions and the growing risk of a lack of Brexit.

US. President Donald Trump said on Tuesday that he would resume trade negotiations with China and increase the opportunity for detente in an expensive trade war that has pushed the financial markets and gave a tense background to the June 17-23 show in June.

But in the Middle East, tensions between the United States and Iran increased last week's attacks on two oil tankers near the strategic stretch of the Hormuz shipping company that Washington has blamed on Tehran.

Further reporting by Eric M. Johnson, Andrea Shalal, Jamie Freed; Editing by Mark Potter

Our Standards: Thomson Reuters Trust Principles.

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