Airbus, LOT and 20 A220-100s
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Geopolitical dynamics played a visible role in a major aircraft deal announced at the Paris Air Show, where Airbus (OTCPK:EADSF) (OTCPK:EADSY) secured a major order from Poland's LOT Polish Airlines and displaced longtime supplier Embraer (NYSE:ERJ) in the process,
LOT said the A220s will gradually replace its existing regional aircraft fleet, which primarily comprises Embraer E1s. Fijoł said LOT’s E2s will “stay for as long as possible,” but will ultimately also be replaced.
Vietnamese carrier Vietjet has ordered 100 single-aisle A321neo jets from Airbus, the European plane maker said Tuesday (June 17) in the latest deal announced at the Paris Air Show.
Airbus sealed a landmark order for 40 A220 jets from Polish national carrier LOT on Monday, marking the airline’s largest-ever investment and signalling a broader reset in political ties between Poland and France.
LE BOURGET—LOT Polish Airlines is switching its large regional fleet from Embraer E1s and E2s to the Airbus A220, a decision that opens up the opportunity for the airline to offer more capacity with a single type.
Airbus is expected to complete the purchase of the A220 wing plant in Belfast later this year but there is still uncertainty for much of the workforce at Spirit. Spirit's wider global business is being carved up between Boeing and Airbus, the world's largest aircraft manufacturers.
Embraer has signalled that it believes the LOT selection of the Airbus A220 over its E2 regional jets was influenced by political considerations. LOT has chosen to take 40 A220s - a mix of -100s and -300s - to replace its Embraer fleet,
The bid to sell the H145 light utility helicopter comes more than eight years after Poland scrapped a purchase of Airbus H225M tactical-transport helos.
European planemaker Airbus is nearing a deal to sell A220 passenger jets to Polish carrier LOT after a hard-fought and politically charged contest with Brazilian planemaker Embraer , industry sources said.
Paris ordered four Israeli company stands to be closed for displaying offensive weapons, a move condemned by Israel’s Ministry of Defense