Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Airbus sales chief says may win new A380 customer by year-end

Published 25/09/2014, 15:27
© Reuters Al Baker CEO of Qatar Airways Group and Bregier CEO of Airbus address the media during delivery ceremony at Airbus headquarters in Hamburg-Finkenwerder
BA
-
AIR
-

TOULOUSE France (Reuters) - Airbus (PA:AIR) sees a "distinct possibility" of adding at least one new customer for its A380 superjumbo before the end of the year, sales chief John Leahy told Reuters on Thursday.

Airbus has a total of 318 orders for the world's largest passenger jet.

"That is a distinct possibility," Leahy said, asked about industry speculation of a deal to add at least one new name to the list of 19 customers for the 525-seat passenger plane.

On Wednesday, the European planemaker revised down its forecast for the industry's largest category of aircraft, which includes the A380 and the Boeing (N:BA) 747-8.

Airbus lost one of its existing A380 customers in July when it revoked an order for six A380s from Japan's Skymark Airlines, which faced difficulties financing its purchase.

It formally booked a previously announced order for 20 aircraft in February from leasing company Amedeo, leaving a net tally of 14 orders so far this year.

An order for 10 A380s from Hong Kong Airlines also hangs in the balance as the airline prepares to cancel the order, which has been moved to a part of the Airbus order book reserved for buyers that prefer to remain anonymous, industry sources said in July.

© Reuters. Al Baker CEO of Qatar Airways Group and Bregier CEO of Airbus address the media during delivery ceremony at Airbus headquarters in Hamburg-Finkenwerder

However, Airbus is working on adding up to two new buyers for the double-decker jet in coming months, financial industry delegates said at the Istat Europe conference earlier this week.

(Reporting by Tim Hepher; Editing by James Regan)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.