Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Did Sale Actually Order 4 A380s?  
User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13756 posts, RR: 18
Posted (15 years 3 months 3 days 14 hours ago) and read 1154 times:

An interesting paradoxic confusion has occurred. One person here said with an article and source saying SALE has bought 4 A380s. SALE denies it. Airwise denies it and says it's a blow to Airbus. Airbus is keeping quiet and Singapore Airlines is still flying high.

So did SALE (SIA owns part of SALE), buy 4 if any A380s.

Oi! Mulder! Scully! Get yer but down here!

Anyone can fly, only the best Soar.
2 replies: All unread, jump to last
User currently offlineKaitak From Ireland, joined Aug 1999, 13275 posts, RR: 34
Reply 1, posted (15 years 3 months 3 days 11 hours ago) and read 1135 times:

Actually, they are not buying it - although I'd say it's just for the moment. I'd be very surprised if they didn't do so at some stage, but for now, they're concentrating on Airbus 32Xs and 777s.

User currently offlineB757300 From United States of America, joined Dec 2000, 4114 posts, RR: 20
Reply 2, posted (15 years 3 months 3 days 10 hours ago) and read 1120 times:

Singapore Aircraft Leasing Rejects Airbus Offer for A380 Jets

Singapore, March 1 (Bloomberg) -- Singapore Aircraft Leasing Enterprise, part owned by Singapore Airlines Ltd., said it decided not to buy four Airbus Industrie A380 superjumbos estimated at $900 million.

Singapore Aircraft Leasing had been in talks with Airbus for sometime, hoping to use orders by Singapore Airlines and a partner carrier to cut the price of the proposed plane. The company declined to comment on why it opted not to buy the jets.

``We turned down the offer,'' said Robert Martin, managing director of Singapore Aircraft Leasing. ``I don't know who bought the four but it wasn't us.''

The decision is a blow to Airbus, which is trying to win its second order from an aircraft leasing company for the 550-seat jetliner to widen its customer base. The A380 will be the world's largest airliner when it begins commercial service in 2006, eclipsing Boeing Co.'s 747.

Singapore Airlines last year ordered 10 A380s to be delivered from 2006, with an option to buy 15 more. The package, with engines and spares, is valued at $8.6 billion. Singapore Airlines' 49 percent-owned unit, Virgin Atlantic Airways, also ordered six A380s with an option for six more, at a price tag of $3.8 billion including engines and spares.

Airbus said this week it had a separate order for an additional four aircraft from a customer it declined to identify, counting the purchase as a certainty in its overall A380 order tally of 66.

International Lease Finance Corp., among the biggest customers for both Boeing and Airbus, said last year it planned to buy five superjumbos from Airbus.

Airbus is 80 percent owned by the European Aeronautic, Defense and Space Co. It completes detailed negotiations on the financing of all the A380s before they are considered firm orders.

Boeing is planning a ``stretched'' version of its 747. It has yet to win any orders for the plane, which would add about 100 seats to the 747's usual layout of 416.

Singapore Airlines shares traded at S$14.60 by the midday break, down 1.3 percent of the day. European Aeronautic shares yesterday fell 0.11 euro (10 cents) to 22.5 euros, while Boeing shares fell $1.50 to $62.20.

Feb/28/2001 23:59 ET

(C) Copyright 2001 Bloomberg L.P.

Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News.

The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 2001 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.

"There is no victory at bargain basement prices."
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Did Gulf Air Order The A321? posted Sun May 27 2001 19:13:44 by GF-A330
Rumour: Sale To Buy 4 A380s posted Mon Feb 5 2001 17:43:49 by Singapore_Air
Did Anybody Ever Order Folding Wings On The 777? posted Tue Jul 20 1999 22:39:45 by DeltaShuttle
FedEX To Order 10 A380s By This Month posted Wed Dec 19 2001 21:27:33 by Raggi
Why Did US Order The A320's, Etc.? posted Sat Oct 6 2001 08:28:19 by YoungDon
Lufthansa To Order 15 A380s posted Mon Sep 10 2001 01:21:44 by 9V-SPJ
Lufthansa Close To Order 15 A380s posted Mon Aug 13 2001 07:49:29 by Kevin
How Many A330's Did NWA Order? posted Thu Jun 14 2001 04:46:32 by MRDC-10MD-11
Did LOT Polish Airlines Have The 737-800 On Order? posted Wed May 30 2001 08:37:43 by FP_v2
Virgin Atlantic Confirms Order For SIX A380s posted Thu Apr 26 2001 17:01:59 by Sndp