Flying-Tiger From Germany, joined Aug 1999, 4166 posts, RR: 36 Posted (6 years 11 months 1 week 12 hours ago) and read 1632 times:
Quote: "Frankly I did not think we were going to order any new airplanes [in 2007]. Up until the end of September it was my firm opinion it was probably not good timing to exert good prices from Airbus and Boeing," says Pray. "We were very surprised what we were able to achieve with them." In the end it went for deals for up to 50 737s and 75 A320s at the end of 2007 and early this year. The narrowbody deliveries are planned to start when an order stream it inherited after buying Pegasus Aviation last year runs out in mid-2010. Pray also reveals that it is planning a fairly large widebody order.
Scouseflyer From United Kingdom, joined Apr 2006, 3403 posts, RR: 9
Reply 2, posted (6 years 11 months 1 week 12 hours ago) and read 1551 times:
Quoting Scbriml (Reply 1): Biggest question will be A350 and 787, or A350 or 787?
This quote from the article sounds to me like one of them:
"If you buy in bulk you still get bulk discounts," he says. After its negotiations with both manufacturers, "we felt we ended up with an opportunity too good to pass up".
They've already got a couple of XWBs on order (originally ordered by Pegasus) but that's only 2 frames and I can't see that affecting thier order. My money would be on the 787 as I think they may of announced any XWB order at the same time as last week's A320 press.
A fascinating article, with good insight into the leasing industry, and its thoughts just now.
I was interested to note GECAS's comments that they don't plan to follow the trend of ordering out on longer and longer lead times. The only frames they have for 2013 delivery are, quote, "a handful of A320's".
Plenty of time for GE to get on the A350XWB then...