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[1/2] A model of a Future Combat Air System (SCAF), a European aircraft developed by France, Germany and Spain is displayed during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. REUTERS/Benoit TessierPARIS, June 19 (Reuters) - The Paris Airshow opened on Monday with last-minute jet order negotiations and supply chain headaches competing for attention with rows of missiles, drones and futuristic transport. France's Thales (TCFP.PA) announced a contract from Indonesia for 13 long-range air surveillance radars. On the commercial side, planemakers arrived with growing demand expectations as airlines rush for capacity to meet demand and help reach industry goals of net zero emissions by 2050. Airbus is also close to a potentially large order for narrow-body jets from Mexican low-cost carrier Viva Aerobus, industry sources said on Sunday.

Persons: Benoit Tessier PARIS, Le Bourget, Emmanuel Macron, France's, planemakers, Tim Hepher, Joanna Plucinska, Allison Lampert, Valerie Insinna, Mark Potter Organizations: Air, Paris, REUTERS, Farnborough, French Rafale, U.S, Rafale, Eurofighter, France's Thales, Airbus, . Industry, Qantas, Viva Aerobus, Boeing, Thomson Locations: European, France, Germany, Spain, Le Bourget, Paris, Britain, Belgium, Franco, Spanish, Ukraine, Indonesia

Ali's comments came after sources said the airline was close to a deal to buy 10 Airbus A350 widebody planes, marking its first order with the French planemaker. It was not clear whether the deal would be finalised in time for the Paris Airshow, which opens on Monday. "Every country has both Airbus and Boeing in their fleet. We didn't have an Airbus in our fleet," Ali said, as the airline looks to break its reliance on the U.S. planemaker that typically dominates widebody orders. The 51-year-old airline has a fleet of more than 20 mostly Boeing planes, over half of which are widebodies, and some Dash-8 turboprops.

Persons: Mahbub Ali, Ali's, Biman, Ali, Ruma Paul, Tim Hepher, Aditi Shah, Christopher Cushing, Jamie Freed Organizations: Bangladesh Airlines, Airbus, Boeing, country's, Reuters, Paris Airshow, Thomson Locations: DHAKA, PARIS, Britain, Malaysia, Thailand, Canada, Dhaka, Paris

SAO PAULO, June 19 (Reuters) - Electric aircraft maker Eve (EVEX.N) and Blade Air Mobility (BLDE.O) are expanding their partnership to integrate Eve's upcoming flying car into Blade's European route network, starting with France, the companies said on Monday. Eve is controlled by Brazilian planemaker Embraer (EMBR3.SA) and expects to start commercial operations of its vehicle in 2026. They did not say if the deal would involve new eVTOL purchases by Blade, whose current European operations include flying conventional helicopters between Nice and Monaco. "Extending our partnership with Eve underscores Blade's commitment to leading the transition from conventional to electric vertical aircraft," Blade Chief Executive Officer Rob Wiesenthal said. Eve CEO Andre Stein said he expected the extended partnership with Blade to allow the companies to combine expertise and resources to make travel more accessible and drive environmental improvements.

Persons: Blade, Eve, Rob Wiesenthal, Andre Stein, Azur, Gabriel Araujo, Steven Grattan, Jamie Freed Organizations: SAO PAULO, Electric, Blade Air Mobility, Brazilian, Embraer, EMBR3, Monaco, United Airlines, Royce, Heli, Thomson Locations: France, Paris, India, United States, Nice, U.S

The multibillion-dollar deal is the largest ever by number of aircraft, eclipsing Air India's provisional purchase of 470 jets earlier this year as India's two largest carriers plan for a sharp expansion in regional travel demand. With the growth of India (and) the growth of the Indian aviation market ... this is the right time for us to place this order," IndiGo Chief Executive Pieter Elbers told a news conference. Indian carriers now have the second-largest order book, with an over 6% share of the industry backlog, behind only the United States, according to a June 1 report by Barclays. After signing the IndiGo deal, Airbus CEO Guillaume Faury said it was premature to start thinking about narrowbody jet production rates higher than the planned 75 per month. It continues to hold separate talks with Airbus and rival Boeing (BA.N) for 25 widebody planes, which could either be Airbus A330neos or Boeing 787 jets, sources have said.

Persons: there's, Pieter Elbers, Guillaume Faury, Tim Hepher, Joanna Plucinska, Aditi Shah, Mark Potter Organizations: Airbus, Paris, Air, Reuters, Barclays, Boeing, Thomson Locations: India, United States

PARIS/MEXICO CITY, June 18 (Reuters) - Airbus (AIR.PA) is in advanced talks over a major new order from Mexican ultra-low-cost carrier Viva Aerobus, industry sources said on Sunday. "We currently have an ongoing order of A321neo with Airbus with deliveries until 2027," a spokesperson for Viva Aerobus said. "Whilst Viva is a leading and growing ULCC in the Americas, we have not signed any new order with any (manufacturer)." In 2013, it defected from Boeing to Airbus with an order worth up to $4 billion for 40 Airbus A320-family jets after a bitterly fought contest between the two plane giants. Reporting by Tim Hepher and Allison Lampert; Editing by Andrew Heavens Editing by Andrew Heavens and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Viva Aerobus, Tim Hepher, Allison Lampert, Andrew Heavens, Mark Potter Organizations: MEXICO CITY, Airbus, Viva Aerobus, Viva, Boeing, Paris, Thomson Locations: PARIS, MEXICO, Mexican, Americas

☆ Boeing to lift 737 MAX output to 38/month 'pretty soon'
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: +1 min

PARIS June 18 (Reuters) - Boeing (BA.N) expects to increase production of its best-selling 737 MAX to 38 jets a month "pretty soon," but the company is likely to see supply chain instability at every rate increase, the head of Boeing Commercial Airplanes (BCA) said Sunday. However, he warned that the supply chain continues to be a challenge, with new issues constantly being found. While there was instability as industry increased production rates prior to 2019, “this is a little different," Deal said. "COVID had a pretty significant impact on labor, and this industry still depends on labor ... to get to its net efficiency." Boeing has started a supply chain quality review, with participants including CEOs and other C-suite officials, as well as quality and engineering officials from Boeing's tier-one supply chain that creates major aero-structures and sub-assemblies, Deal said.

Persons: Stan Deal, COVID, Deal, Valerie Insinna, Hugh Lawson, Mark Potter Organizations: PARIS, Boeing, Boeing Commercial Airplanes, Sunday, Boeing's, Thomson Locations: Paris

Lockheed and Airbus will tout their LMXT tanker at the Paris Airshow this week, bringing U.S. reporters onboard the A330 Multi Role Tanker Transport on which the new plane is based. In 2011, Boeing won the first of a three-phase procurement to replace the Air Force's aging tanker fleet, securing a contract for 179 KC-46s. But Larry Gallogly, Lockheed’s director of LMXT business development, said Lockheed and Airbus "are most definitely still in this competition." Lockheed and Airbus sought a program of at least 120 aircraft, but “the business case can certainly close below that,” Gallogly said. Boeing Defense CEO Ted Colbert said the KC-46 "has proven to be highly capable" and is ready for the threats of the 2030s.

Persons: Lockheed Martin, Larry Gallogly, ” Gallogly, Ted Colbert, Jerry Carl, Carl, Valerie Insinna, Tim Hepher, Mark Potter Organizations: Pentagon, Aerospace titans Airbus, Boeing, Airbus, Lockheed, U.S, U.S . Air Force, Air, KC, Capitol, Air Force, General, Armed Services, Alabama Republican, Thomson Locations: WASHINGTON, PARIS, U.S, United States, Alabama, Georgia, American

☆ Boeing defense margins to remain flat in second quarter
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: +1 min

June 18 (Reuters) - Margins at Boeing's (BA.N) defense unit will look similar in the second quarter to its first-quarter results, Boeing Defense CEO Ted Colbert said Sunday. Margins at its defense unit were negative in the first quarter as Boeing recorded a $245 million pre-tax charge on the KC-46 tanker program. Colbert declined to say whether Boeing would take another charge on the KC-46, which has logged more than $7 billion in losses. He added that there is a “ton of activity” to improve performance at Boeing's defense unit but that it will take time for improvements to be seen. Boeing remains focused on "starting every program the right way," including a contract structure that gives Boeing a "fair shake and healthy business," Colbert said.

Persons: Ted Colbert, Colbert, “, ” Colbert, Valerie Insinna, Hugh Lawson, Mark Potter Organizations: Boeing, KC, Air Force, Thomson Locations: Paris

☆ Exclusive-Mystery X9 helicopter takes shape as potential successor to Airbus H145
▼ + stars: | 2023-06-18 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

PARIS (Reuters) - After a decade in the shadows, one of Europe’s mystery aerospace projects - the X9 helicopter - is taking shape as a potential future successor to Airbus Helicopters’ H145 light-twin chopper, with plans for a demonstrator underway, industry sources said. FILE PHOTO: An Airbus H145 French Securite Civile rescue helicopter takes off past Canadair aircrafts during the presentation of the 2023 plan to fight against wildfires, at Nimes-Garons airbase, France, April 25, 2023. A Berlin filing by Airbus Helicopters’ German subsidiary in 2020 noted its board had been briefed on the X9 and unspecified “further steps”. Any future H145 successor would regenerate the German side of Airbus Helicopters, formed from a 1992 merger between divisions of France’s Aerospatiale and MBB of Germany to counter U.S. rivals led by Bell, Boeing and Sikorsky. Those barriers are gradually fading as Airbus Helicopters adopts a system under which specialised sites pre-assemble major sections, which then converge on one site for final assembly.

Persons: Christian Hartmann, Lutz Bertling, Leonardo’s Organizations: PARIS, Airbus Helicopters, Airbus, Canadair, REUTERS, Airbus Helicopters ’, Reuters, Chase, Associates, Aerospatiale, Bell, Boeing, Sikorsky, Eurocopter Locations: Nimes, Garons, France, Donauwoerth, Germany, Bavarian, German, GERMANY, Paris, U.S, Spain, Marignane, Airbus Germany

☆ Exclusive: Mystery X9 helicopter takes shape as potential successor to Airbus H145
▼ + stars: | 2023-06-18 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

PARIS, June 18 (Reuters) - After a decade in the shadows, one of Europe's mystery aerospace projects - the X9 helicopter - is taking shape as a potential future successor to Airbus Helicopters' H145 light-twin chopper, with plans for a demonstrator underway, industry sources said. A Berlin filing by Airbus Helicopters' German subsidiary in 2020 noted its board had been briefed on the X9 and unspecified "further steps". The same unit later said it would focus on ensuring "the future viability of civil helicopters" at Donauwoerth, Germany. Any future H145 successor would regenerate the German side of Airbus Helicopters, formed from a 1992 merger between divisions of France's Aerospatiale and MBB of Germany to counter U.S. rivals led by Bell, Boeing and Sikorsky. Those barriers are gradually fading as Airbus Helicopters adopts a system under which specialised sites pre-assemble major sections, which then converge on one site for final assembly.

Persons: Lutz Bertling, Tim Hepher, Mark Potter Organizations: Airbus Helicopters, Airbus, Reuters, Chase, Associates, Aerospatiale, Bell, Boeing, Sikorsky, Eurocopter, Thomson Locations: Donauwoerth, Germany, Bavarian, France, German, GERMANY, Paris, U.S, Spain, Marignane, Airbus Germany

☆ Boeing boosts 20 year outlook for planes due to narrowbody demand
▼ + stars: | 2023-06-17 | by ( Valerie Insinna | ) www.reuters.com time to read: +2 min

PARIS, June 18 (Reuters) - U.S. planemaker Boeing (BA.N) slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled by demand from low-cost carriers. Boeing expects airlines will need to buy 42,595 jets from now until 2042, up from 41,170 planes in its previous 20-year forecast last year. Boeing expects that narrowbody jets like its 737 MAX or the A320neo family made by European rival Airbus (AIR.PA) will dominate aircraft deliveries, with 32,420 single-aisle jets delivered through 2042. Deliveries from now until 2042 are also expected to include 7,440 widebody planes, 1,810 regional jets and 925 freighters. The company also raised its industrywide passenger traffic forecast growth rate slightly from 3.8% to 4%.

Persons: Darren Hulst, Hulst, we'll, it's, Valerie Insinna, Jonathan Oatis Organizations: planemaker Boeing, Boeing, Paris, Airbus, Thomson Locations: Boeing's, China, Asia

☆ Airbus reveals jet orders and says the supply chain is more stable
▼ + stars: | 2023-06-16 | by ( Tim Hepher | ) www.reuters.com time to read: +1 min

PARIS, June 16 (Reuters) - Airbus (AIR.PA) has signed orders this month including 60 A320-family jets with a lessor and 10 A350s with a major airline, said the planemaker's Chief Commercial Officer Christian Scherer. The deals come on top of any business to be announced at next week's Paris Airshow and will be booked at end-June, though the buyers will not disclosed, he also told reporters. He said next week's event would bring evidence of a strong recovery in terms of demand. Earlier on Friday, Airbus CEO Guillaume Faury had said that supply chains had stabilised although the industry still faced pressing labour shortages. Reporting by Tim Hepher; Editing by Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.

Persons: Christian Scherer, Scherer, Guillaume Faury, Tim Hepher, Sudip Kar Organizations: Airbus, Boeing, Gupta, Thomson

☆ Avolon says $4 trln needed to transform global jet fleet
▼ + stars: | 2023-06-13 | by ( Tim Hepher | ) www.reuters.com time to read: +2 min

REUTERS/Mike BlakePARIS, June 13 (Reuters) - Global aviation needs $4 trillion of capital over the next 20 years to fund new commercial deliveries and transform the world's fleet, leasing firm Avolon said on Tuesday. The world's commercial passenger aircraft fleet is set to nearly double to 46,880 aircraft by 2042, the Dublin-based firm predicted. Environmental critics say such rapid growth of commercial aviation is at odds with its environmental objectives. Avolon has said the main focus should be on increasing the supply of Sustainable Aviation Fuels. Europe's Airbus will maintain leadership of the narrow-body market with its current 53% share of the fleet rising to 58% by 2042, Avolon predicted.

Persons: Mike Blake PARIS, Avolon, Tim Hepher, Conor Humphries Organizations: Delta Airlines, REUTERS, Global, . Airlines, Sustainable Aviation Fuels, Airbus, Boeing, Embraer, Thomson Locations: San Diego , California, U.S, Dublin, China

☆ Airlines body urges jetmakers to fix aircraft delivery delays
▼ + stars: | 2023-06-04 | by ( ) www.reuters.com time to read: +1 min

Airlines "are not concerned about the macroeconomic environment, they're concerned about the access to spare parts for their existing aircraft and the delivery of new aircraft. "It's frustrating because airlines can see strong demand, but they're not able to match supply with demand in many markets. Airbus (AIR.PA) and Boeing (BA.N) have blamed supply chains for delivery delays, while bottlenecks in a network of engine repair shops have also forced airlines to ground dozens of jets. The gathering comes two weeks before the Paris Airshow, where supply pressures are likely to overshadow new orders. Reporting by Tim Hepher, Joanna Plucinska and Aditi Shah; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.

Persons: Adolfo Suarez, Isabel Infantes, Willie Walsh, it's, they're, Tim Hepher, Joanna Plucinska, Aditi Shah, David Holmes Organizations: Ryanair Boeing, Airbus, Adolfo Suarez Madrid, Barajas Airport, REUTERS, International Air Transport Association, Reuters, Boeing, Thomson Locations: Madrid, Spain, Isabel Infantes ISTANBUL, Istanbul, Airlines, Paris

☆ Bank of America just added this global stock with 60% upside to its top ideas list
▼ + stars: | 2023-04-04 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Bank of America has added global aerospace giant Airbus to its "top 10 best ideas" list for the second quarter of 2023, describing it as a "structural winner." On that basis, BofA analysts expect shares of Airbus to rise by 60% to 200 euros per share ($217) over the next 12 months. Earlier this month, Guillaume Faury, Airbus' CEO, said that global supply chains had proved challenging in 2022 and held back the company's plans for growth. "The global supply chains are in a difficult place. The BofA analysts added that suppliers like Rolls-Royce and General Electric were also working to support Airbus's increased production rates.

[1/2] Boeing Commercial Sales and Marketing Vice President Ihssane Mounir attends a news conference at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 20, 2019. Ihssane Mounir has been named senior vice president of global supply chain, Boeing Commercial Airplanes Chief Executive Stan Deal said in an email to employees. Mounir was previously senior vice president of commercial sales and marketing. Among other moves, Deal said Brad McMullen, vice president of commercial sales North America, would succeed Mounir in his sales position while Kim Smith was named to the new role of vice president of Boeing Global Services (BGS) Total Quality. Deal told reporters last week that Boeing faces a number of supply-chain issues.

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