The biggest aircraft deals in 2015

Airbus and Boeing held all the aces, winning some big billion dolalr aircraft deals in 2015 including a whopping $26.5bn order by Indian airline Indigo - the biggest ever order for Airbus. Aerospace-technology.com lists the ten biggest aircraft deals signed in 2015 based on deal value.


Indigo Airbus deal

Indigo - Airbus - $26.5bn

Indian private airline IndiGo's agreement with French aerospace and defence manufacturer Airbus to buy 250 A320neo (new engine option) jetliners in August 2015 is worth approximately $26.5bn, making it the biggest order by number in the history of Airbus. The latest purchase agreement follows previous orders by IndiGo for 280 A320 Family jets, of which a fleet of 98 are operational.

Derived from the A320 Family, the single-aisle, twin-engine, fuel-efficient A320neo airplane was launched in December 2010 and made it's first flight in September 2014. More than 4,300 A320neo Family aircraft have been ordered by more than 75 customers, as of October 2015.

Wizz Air - Airbus ($13.6bn)

Airbus received the biggest single order, valued at approximately $13.6bn, for its A321neo twin-engine, single-aisle aircraft from Hungarian low-cost airline Wizz Air in June 2015. Airbus will deliver 110 latest A321neo single-aisle planes featuring the Airbus Cabin Flex configuration, beginning in 2019.

The deal backs a memorandum of understanding (MoU) signed between the two companies in June 2015 for 110 A321neos, with an option for an additional 90 planes. The new aircraft will replace the airline's existing fleet and support its growth. Wizz Air, which serves Eastern and Central Europe, currently operates 63 A320 Family aircraft.

Air Lease Corporation

Air Lease Corporation - Airbus ($10.8bn)

Air Lease Corporation (ALC), an aircraft leasing company based in the US, signed an agreement to purchase 55 latest Airbus aircraft including 25 A330-900neos and 30 A321LRs in March 2015 in a deal worth approximately $10.8bn. The first deliveries of A330-900neo will take place in the fourth quarter of 2017, while those of A321LR will begin in 2019.

ALC signed a MoU for 25 A330-900neos in July 2014, followed by another for 30 A321LRs in January 2015. It is the first launch customer for A330-900neo as well as A321LR, a variant of A321neo. As of March 2015, ALC placed firm orders for 140 A320neo Family, 53 A320ceo Family, 25 A350 XWB Family, 25 A330neo Family and 15 A330 Family aircraft.

AerCap - Boeing ($10.7bn)

Boeing signed an agreement with Dutch aircraft leasing company AerCap to supply 100 units of 737 MAX 8 aircraft in June 2015. The deal, valued at $10.7bn, is AerCap's first order for 737 MAX. AerCap signed purchase and lease back agreements for an additional four Boeing 737 MAX 8 aircraft in July 2015.

The 737 MAX 8 is a variant of the new Boeing 737 MAX family, which also consists of 737 MAX 7 and 737 MAX 9. AerCap currently operates 368 Boeing 737 NGs and 109 Boeing 737 MAX planes.

Avianca

Avianca - Airbus (10.6bn)

Colombian airline Avianca Holdings placed an order with Airbus for 100 A320neo Family single-aisle aircraft, A319neo, A320neo and A321neo in May 2015 in a deal valued roughly $10.6bn, making it the biggest joint contract signed in Latin American commercial aviation industry to date. The order is a follow-up to a MoU signed in February 2015.

The new A320neo Family aircraft will support Avianca's fleet modernisation strategy and replace the airline's current fleet, operating from its Bogota, Lima and San Salvador hubs. Avianca have ordered approximately 300 Airbus aircraft, including 276 A320 Family and 15 A330 Family, as of May 2015.

Fedex -Boeing ($9.7bn)

FedEx Corp's subsidiary FedEx Express placed a $9.97bn firm order with Boeing to purchase 50 767-300 Freighters aircraft in July 2015, with an option for an additional 50 Freighters. Scheduled for delivery between 2018 and 2023, the 50 767-300Fs will support FedEx Express' air fleet modernisation programme.

FedEx Express received its first 767-300 Freighter in September 2013. The in-service Boeing fleet with FedEx comprises MD-10, MD-11, 757, 777, and the 767-300 Freighter, which is derived from the 767-300ER (extended range) passenger aircraft.

EVA Airways

EVA Airways - Boeing (8bn)

Taiwanese airline EVA Airways signed purchase agreements with Boeing for 24 787-10 Dreamliners and two 777-300ER (Extended Range) jetliners in November 2015. The deal, worth more than $8bn, represents the biggest single order in Taiwan's commercial aviation industry. The order backs an intent announced by the Taiwanese airline, in October 2015, to purchase the Boeing aircraft.

The new aircraft, which will be delivered between 2017 and 2022, will replace the older models currently in service with the airline. EVA Airways was also the launch customer for the Boeing 777-300ER in 2005 and received a total of 22 jetliners as of November 2015.

Copa Airlines - Boeing ($6.6bn)

Copa Airlines, based in Panama, finalised a $6.6bn purchase agreement with Boeing for 61 units of 737 MAX 8 and MAX 9 aircraft in April 2015, making it the biggest financial transaction between the two companies and bringing the total number of orders for the 737 MAX to 2,714.

The new 737 Max 8 and Max 9 aircraft are set to replace Copa Airlines' existing fleet of Boeing 737 models and support the airline's services throughout North, Central and South America. The Panamanian airline will be the first to deploy the 737 MAX 9 airplanes on routes to and from South America.

Airbus A330-200

China Aviation Supplies Holding Company (CAS) - Airbus (6.1bn)

In October 2015, Airbus signed a General Terms Agreement (GTA) with China Aviation Supplies Holding Company (CAS) to deliver 30 A330 Family wide-body aircraft and 100 A320 Family single-aisle aircraft valued at $6.1bn. The firm order for 30 A330s follows a commitment made in June 2015.

A total of 75 Airbus' wide-body aircraft have been ordered by CAS in 2015. To date, the Chinese operators have received more than 1,200 Airbus airplanes, including 1,000 A320 Family, 160 A330 Family, five A380s, freighters and corporate jets.

IAG - Airbus (5.2bn)

In August International Airlines Group (IAG) placed an order worth $5.2bn for 31 Airbus aircraft, including eight A350-900 and three A330-200 wide-body airplanes as well as 20 A320neo single-aisle aircraft. A total of approximately 470 Airbus planes have been ordered by IAG and its airlines (British Airways, Iberia and Vueling) as of November 2015.

Deliveries of the wide-body aircraft will start in 2016 and continue through 2021, while the A320neos will be delivered between 2020 and 2021. The wide-body aircraft will replace the long-haul fleet currently in service with Iberia.