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Airbus to surpass 1,000 net orders after IndiGo deal - exec

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Reuters PARIS
Last Updated : Oct 15 2014 | 5:45 PM IST

PARIS (Reuters) - Airbus looks set to exceed 1,000 net orders this year after securing a provisional deal with Indian carrier IndiGo for 250 revamped A320neo jets, its sales chief said on Wednesday.

In the first nine months of 2014, Airbus lagged rival Boeing with 791 net orders. Gross orders, before adjustments for model conversions or cancellations, stood at 1,077 aircraft.

"I think we are going to be comfortably over 1,000 net and over 1,350 or 1,400 gross," John Leahy, chief operating officer for customers, said in a telephone interview.

Airbus is targeting 2014 net orders in excess of its deliveries, which it expects to be about the same as last year's company record of 626 aircraft handed over to customers.

The IndiGo deal disproves recent warnings from some analysts about demand and underpins Airbus' confidence in the market, but does not by itself change the planemaker's production plans, Leahy said.

(Reporting by Tim Hepher; Editing by James Regan)

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First Published: Oct 15 2014 | 5:35 PM IST

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