Why did the three largest orders in aviation history go to Airbus experts: there is a strong demand for narrow-body aircraft

A few days ago, Air China, China Eastern Airlines and China Southern Airlines announced simultaneously,A total of 292 Airbus A320NEO series aircraft will be purchased, with a total contract price of about 37.257 billion US dollars, equivalent to nearly 250 billion yuan.

The largest order in the history of China’s three major aviation state-owned enterprises, which went to the European aircraft manufacturing giant Airbus, has aroused widespread concern in the industry.

Why did the three largest orders in aviation history choose the Airbus A320NEO series?

According to The Paper, Qiao Shanxun, Secretary General of the Expert Committee of the Henan Aviation Industry Association, introduced,Domestic airlines have strong demand for narrow-body aircraft, and the three major airlines also have large-scale narrow-body aircraft fleets.At present, the proportion of narrow-body aircraft is 70-90%, and there is a need for updating of old aircraft.

The Airbus A320 and Boeing 737 are the two most popular single-aisle passenger aircraft in the world, and this is also one of the most competitive markets between Airbus and Boeing.

In addition, civil aviation expert Li Hanming said that the current aircraft sales industry is affected by the overcapacity caused by the epidemic and the market is sluggish.It is in the stage of gradual recovery, so the current node purchases the required models, the discount rate will be greater,It also shows the confidence of the three major airlines in the growth of domestic and foreign travel demand of China’s civil aviation after 2024.

It is worth noting that these three major airlines are also big customers of Boeing, of which China Southern is also Boeing’s largest customer, but China Southern’s orders for more than 100 737Max series aircraft in May have been removed, citing delivery uncertainty.

Hashtag: Airbus A320neo