Business

Airbus confident of selling more than 1,000 A321XLRs aircraft

The forecast includes a mix of new orders and conversions from other models, Airbus Head of Marketing Francois Caudron told reporters at the Singapore Airshow.

Airbus SE is confident of selling more than 1,000 A321XLR aircraft, a longer-range version of the single-aisle A321neo jetliner, over the next 10 years, a senior executive at the manufacturer said on Tuesday.

The forecast includes a mix of new orders and conversions from other models, Airbus Head of Marketing Francois Caudron told reporters at the Singapore Airshow.

Airbus, which launched the A321XLR last year, has already sold more than 450, including to Asian clients such as Malaysia's AirAsia Group Bhd and Australia's Qantas Airways Ltd.

Mr. Caudron said customers in the region were being hit hard by the downturn in traffic due to the coronavirus epidemic, but he declined to comment if any had requested to defer deliveries.

“Coronavirus is a crisis,” he said. “I would just remind ourselves we are in a very resilient industry.”

Mr. Caudron said airlines were not panicking and were looking beyond the short term in terms of orders.

“When you order an aircraft it is not for the next six months,” he said. “It is for the next 20 years.”

 

Airbus last week extended a planned closure of its A320 family final assembly plant in Tianjin, China, as a result of the coronavirus emergency.

Mr. Caudron said Airbus was watching the situation evolve on a daily basis and he could not yet provide a timeline for a reopening.

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Printable version | Mar 29, 2020 6:53:56 PM | https://www.thehindu.com/business/airbus-confident-of-selling-more-than-1000-a321xlrs/article30790780.ece

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