![]() ![]() ![]() That triggered preparations for a high-profile announcement at the air show on Monday, and then Tuesday, as a Mideast source predicted a "bold move" in the backyard of Gulf rivals. Turkish Airlines (THY) (THYAO.IS) burst onto the show's agenda on Saturday with word from state-run Anadolu news agency that it was in talks to buy up to 355 Airbus jets. "Not only are they oversold, but they can’t make what they have already sold."Įxpectations of a 777X deal first surfaced ahead of the show and Bloomberg reported a major order was in the works on Sunday. The problem is that manufacturers can't make enough of them," said Bernstein analyst Douglas Harned. "This is a multiple order and a lot of airplanes. "They are fighting for the same passengers," he told Reuters.Īnalysts said tight supply chains also remained a concern. Industry officials estimate airlines worldwide are in talks to buy 700-800 new jets, including 200-300 wide-bodies, as they catch up on replacement plans set aside during the pandemic.īut Udvar-Hazy questioned whether there was room for all the capacity being explored simultaneously by the region's carriers. "They (Dubai) are saying we are the big elephant in the room (and) demonstrating that they are a big player," Air Lease Corp (AL.N) Executive Chairman Steven F.
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