Garuda Indonesia orders up to 30 Airbus jets
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Garuda Indonesia airline is on a buying spree at the Paris Air Show.
Airbus announced Monday that the Indonesian flagship carrier signed a letter of intent for 30 wide-body A350 jets, which could serve routes from Jakarta or Bali to Europe. If confirmed, the order would be worth up to $9 billion at list prices, though airlines usually negotiate discounts.
Earlier Monday, Boeing announced a tentative order by Garuda Indonesia for up to 60 jets.
Asian carriers are expected to dominate global aircraft demand over the next two decades, with Boeing estimating that roughly two out of every five new planes will head to Asia.
Questions & Answers
Q.What type of aircraft is Garuda Indonesia planning to acquire from Airbus?
What type of aircraft is Garuda Indonesia planning to acquire from Airbus?
Garuda Indonesia has signed a letter of intent for 30 wide-body A350 jets from Airbus. These aircraft could potentially be used for routes from Jakarta or Bali to Europe.
Q.What is the estimated value of the Airbus order?
What is the estimated value of the Airbus order?
If confirmed, the order for the A350 jets would be worth up to $9 billion at list prices. However, airlines typically negotiate discounts on these figures.
Q.Has Garuda Indonesia made any other aircraft orders recently?
Has Garuda Indonesia made any other aircraft orders recently?
Yes, earlier on the same Monday, Boeing announced a tentative order from Garuda Indonesia for up to 60 jets. This indicates a significant expansion plan for the airline.
Q.What is the forecast for Asian demand in the global aircraft market?
What is the forecast for Asian demand in the global aircraft market?
Boeing estimates that Asian carriers are expected to dominate global aircraft demand over the next two decades. Roughly two out of every five new planes are predicted to go to Asia.
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