21 November 2013

A vote of confidence from Etihad; 50 A350 ordered marking a volte-face after previously canceling some orders.

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Etihad orders 50 A350, including 10 A350-1000, only one and a half year later than the Middle Eastern airline cancelled 7+6 A350-1000 in May and January last year.

Chief Executive Officer James Hogan said at the Dubai Air Show that of the 40 A350-900 that Etihad agreed to buy, 24 are regional models due from 2018.

The commitment is a surprise comeback for Airbus after Hogan had canceled 13 A350-1000 orders last year, dealing a blow to Airbus at a time when the aircraft was struggling to gain appeal with buyers.

Etihad Airways, national airline of the United Arab Emirates, has announced a firm order for 50 A350 XWBs, 36 A320neo aircraft and one A330-200F as part of its fleet modernization strategy.

The contract was signed at the 2013 Dubai Airshow by James Hogan, Etihad Airways CEO and Fabrice Brégier, Airbus President and CEO.

James Hogan, President and Chief Executive Officer of Etihad Airways, said, “Ten years ago this month, we celebrated our inaugural flight from Abu Dhabi using an Airbus A330.

A decade later, we have grown into one of the world’s leading airlines and the importance of Airbus to our fast-growing operations has never been stronger. We have more than 60 Airbus aircraft in our fleet today, and this latest order is testament to the continued strength of our partnership.

As one of the first airlines set to receive the much-awaited Airbus A350-1000, we look forward to benefiting from its operational efficiencies and cost savings.”

Based on the article “Etihad Adds A350 Wide-Body Jet After Previously Canceling Order” published in Bloomberg

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