Airbus and Boeing train sights on Asia with hopes of market rebound

Contract flexibility and new plane debut underscore industry ready for long-term boom

20220307N A350F 3D

The Airbus A350F offers improved operating and fuel efficiency. (Image courtesy of Airbus)

MAYUKO TANI, Nikkei staff writer

SINGAPORE -- Airbus finalized a deal to sell seven A350F cargo planes to Singapore Airlines during Asia's largest air show last month in an unusual contract partially modifying a previous agreement to deliver 17 passenger jets.

The swap highlights the lengths taken by major airplane manufacturers to meet demand in an Asian market anticipated to post a booming long-term recovery from the pandemic. Meanwhile, Boeing displayed a prototype of its state-of-the-art widebody 777X jet in Asia for the first time at the Singapore Air Show.

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