User avatar
keesje
Posts: 9374
Joined: Thu Apr 12, 2001 2:08 am

Air Arabia New Fleet, New Opportunity For Boeing

Sat Feb 10, 2007 8:40 pm

Air Arabia plans to spend up to $2bn on 34 new planes following its IPO this year, reported Bloomberg. It was reported last month that the budget carrier was eyeing 25 new Airbus A320s at a cost of $1.6bn. But CEO Adel Ali told the news agency the airline needs to replace its existing fleet of nine leased aircraft; Air Arabia is talking to Airbus and Boeing over the order.

Seems a renewed opportunity for Boeing now that Arabia decided it wants to renew it´s entire fleet.
http://www.businessportal24.com/en/Air_Arabia_116097.html

"Never mistake motion for action." Ernest Hemingway
 
a3
Posts: 212
Joined: Wed Oct 04, 2006 5:24 am

RE: Air Arabia New Fleet, New Opportunity For Boeing

Sat Feb 10, 2007 10:40 pm

I think that the only logical thing is to have a single manufacturer fleet. ....
So Airbus again.
Don't spend your money on airlines that don't respect your business.
 
User avatar
yowza
Posts: 4292
Joined: Fri Jul 29, 2005 7:01 am

RE: Air Arabia New Fleet, New Opportunity For Boeing

Sun Feb 11, 2007 2:32 am

Bloomberg got it wrong. They are planning an expansion TO 34 frames not an expansion of 34 frames.

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He continued: "Based on both the individual success of Air Arabia and the growing demand for commercial and leisure travel in the region, we are planning to expand the company�s current operating fleet over the next five years from nine Airbus A320s to a total of 34 aircraft."
Source: http://www.airarabia.com/Air%20Arabi...lans%20for%20Initial%20Public.html
------------------------------------------------------

As for an opening for Boeing there is almost none. Air Arabia, from what I was told, have already inked longterm service contracts for 320s specifically that would be hard and expensive to get out of.

YOWza

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