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Poland's LOT orders 40 Airbus A220 planes
Poland's LOT orders 40 Airbus A220 planes

Reuters

time2 days ago

  • Business
  • Reuters

Poland's LOT orders 40 Airbus A220 planes

PARIS, June 16 (Reuters) - Airbus ( opens new tab has secured an order for 40 of its A220 planes from Polish national carrier LOT, winning a hard-fought contest with Brazil's Embraer ( opens new tab. Including options, the deal could increase to up to 84 A220s, Airbus and LOT said at the Paris Airshow on Monday, confirming an earlier Reuters story. The signing was conducted in a packed news conference witnessed by Poland's infrastructure minister and French and Polish ambassadors. "It was not an easy process, we got two very competitive offers," said LOT CEO Michal Fijol. "But I am pleased to say you (Airbus) wanted us more and that's the reason we are here today." Deliveries are due to start in the summer of 2027. The competition attracted strong political attention as Poland moves to improve sometimes patchy relations with France amid questions over security pledges from the United States, according to European aviation and defence sources. In May, France and Poland signed a treaty to increase cooperation on defence, nuclear energy and other measures, in a sign of growing alliances between European nations. Fijol declined to comment on whether politics had any role in the choice of aircraft. Airbus' planemaking chief said the deal was an airplane transaction. Poland is planning to build its Central Communication Port airport and rail hub by the early 2030s, while also growing its central Warsaw Chopin airport hub. The purchase of the planes would help fuel that expansion, Fijol has told Polish media. Poland is one of the few hubs in Europe with space to build out airport infrastructure, but government-sponsored plans for such an expansion have dragged on for years. LOT has struggled to compete with budget carriers Ryanair and Wizz Air for market share. "This is the largest investment in the history of the Polish national carrier. We are building a leader in air transport in Europe," Polish Prime Minister Donald Tusk posted on X.

Riyadh Air buys 25 Airbus A250-1000 jets at Paris Airshow
Riyadh Air buys 25 Airbus A250-1000 jets at Paris Airshow

Al Arabiya

time2 days ago

  • Business
  • Al Arabiya

Riyadh Air buys 25 Airbus A250-1000 jets at Paris Airshow

Saudi startup Riyadh Air signed a deal at the Paris Airshow on Monday to buy 25 Airbus A350-1000 jets, the plane-maker said. The deal, announced shortly after Saudi leasing company AviLease placed an order for Airbus passenger and freighter jets, also includes purchase rights for another 25 planes, Airbus said. Airbus does not publish catalogue prices but the firm part of the Riyadh Air deal is worth around $4.6 billion after typical airline discounts, according to Cirium Ascend estimates.

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