Airbus, LOT and 20 A220-100s
Digest more
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.
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,
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.
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.
Polish flag-carrier LOT has selected the Airbus A220 for its short-haul fleet-renewal programme, after a strong competition against Embraer. LOT is initially taking 40 A220 - split equally between the -300 and -100 - to replace the current fleet,
Airbus has secured a landmark deal with Polish carrier LOT for 40 A220 jets, signaling a significant investment and a political rapprochement between Poland and France. The order represents the largest in LOT's history,
Airbus SE has been sounding out customers appetite for a longer version of its A220-300 jet that would give airlines more seating capacity but at the expense of range.