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All told, operators worldwide bought more than $100 billon worth of new airplanes from Airbus, Boeing, Embraer, and Bombardier at the 49th International Paris Air Show, held June 20-26 at Le Bourget. The 660 orders for the single-aisle Airbus A320NEO (new engine option) fueled speculation on whether Boeing would build new or re-engine its venerable 737.
These sales reports surely result in sleepless nights for those who operate late model and legacy transport category aircraft. So that you’ll sleep better, note that the news never fully addressed one aspect of buying new: delivery positions, and how many years operators had to wait for their new airplanes. Nor did reports mention inevitable delays and cost overruns.
When you get right down to it, operators buying new airplanes are really after just two things, efficient powerplants and modern avionics. Avionics is a supporting player at Paris, but L-3 Aviation Communication & Surveillance Systems announced a contract for its commercial NextGen/SESAR products in the new US Air Force’s Boeing 767 tanker.
In the flurry order-count reports, International Lease Finance CEO Henri Courpron was the voice of pragmatic reason: “Does a child want a new toy? Of course. Everybody wants a new airplane, but there comes a time to ask the parental, adult questions [such as], ‘How much will it cost?’ and ‘Do we need it?’”
Given all this, ask yourself, “Why buy new and wait—and pay extra for the airframe you really don’t need—when ASIG can deliver what you want now?” Avionics, IFE or other sensors and controls, it can meet your needs on your schedule at a cost far below that of new. By upgrading what you need now, you’ll reap the savings while others are awaiting for their number to come down the production line.
Until next time, stay 5x5, mission ready, and Wired!