Airbus signed firm orders for a total of 358 aircraft and memoranda of understanding for a further 138 at the Farnborough Air Show. As the last deal of the show, Russian carrier Transaero signed up for a total of 20 Airbus A330s. Among the aircraft are twelve A330neos.

Together with an order for 50 A330neos from Air Asia X and lessors including Air Lease Corp. (ALC), Avolon and CIT, Airbus managed to secure orders and commitments for 121 A330neos. The aircraft was formally launched last Monday and is planned to enter service at the end of 2017.

Chief Operating Officer Customers John Leahy downplayed the significance of only having one engine supplier on the A330neo –- Rolls-Royce and the Trent 7000. He says the only reason airlines want two suppliers is so they can get a better deal on the engine. “But we have taken the liberty to negotiate a good engine price with Rolls-Royce for all customers in advance,” Leahy said.

“This was the best Farnborough Air Show in Airbus history,” Airbus CEO Fabrice Bregier said at the company’s show end press conference. Given the strong market, Bregier said Airbus may raise single aisle production rates further once the A320neo family is introduced. “We will probably go higher,” he said. Airbus plans to raise the narrowbody rate from 42 to 46 aircraft per month ahead of the transition to the neo.