The European aerospace company Airbus SE is currently negotiating additional sales of its A330neo widebodies to Saudi Arabia's Flynas and Germany's Condor airlines.
However, they cautioned that negotiations remain ongoing and could fall through.
Flynas chose not to provide any comment. A spokesperson for Condor said, "We are continuously reviewing our options for expanding our fleet in order to pursue our growth plans over the long term." Condor did not confirm Bloomberg's reporting, and Airbus also did not respond to a request for comment at the time of writing.
Bloomberg also reported that Airbus is poised to secure an order from Riyadh Air for A350 aircraft during the airshow near London next week.
Get the market news that matters in a five-minute read with Market Briefs, our free daily newsletter
The A330neo has seen increased demand because of its quick delivery timelines and competitive operating expenses, especially as the long-haul travel market bounces back after the pandemic. As airlines rush to add capacity for rebounding routes, the ability to secure new widebody jets quickly has become a critical advantage. The A330neo competes with Boeing's 787 Dreamliner but offers lower acquisition costs and earlier delivery availability, making it attractive for carriers seeking to expand long-haul operations rapidly.
A significant endorsement for the A330neo came last month when Airbus secured a deal worth over $10 billion for up to 40 of the jets from SAS AB, a Scandinavian carrier.
These potential orders come as Airbus seeks to maintain momentum in the widebody market against Boeing, which has faced production delays with its 787 Dreamliner. The A330neo shares cockpit commonality with the A350, allowing airlines to transition smoothly between aircraft types. Additionally, the aircraft's fuel efficiency and lower maintenance costs make it particularly appealing for low-cost carriers like Flynas aiming to expand into long-haul operations without the higher capital outlay of newer designs such as the A350 or 777X.
These potential orders highlight the A330neo's growing appeal among airlines that already operate Airbus fleets. Flynas and Condor each benefit from commonality with their existing A320s, simplifying maintenance and crew training.
Flynas's potential conversion of options from the previous Farnborough show would give it a total of 23 A330neos on order, supporting its ambition to become a major low-cost long-haul carrier. Condor, which emerged from restructuring in 2021, is looking to replace older Boeing 767s with more efficient aircraft, and the A330neo is a candidate for that replacement. The deals would also provide a production boost for Airbus, which is ramping up A330neo output at its Toulouse final assembly line to meet rising demand.
For Condor, adding the A330neo would allow it to refresh its aging widebody fleet while maintaining operational commonality with its existing Airbus narrowbodies. The German airline is considering the A330neo as a replacement for its aging widebody aircraft.
Join Market Briefs, our free daily newsletter, for a quick daily rundown of the markets
