EVA Air Invests $10.1 Billion in Airbus Fleet Expansion

Taiwan's Eva Airways Corp, commonly known as EVA Air, has finalized an order for 33 Airbus aircraft. The deal, which was initially announced in November last year, is worth up to $10.1 billion. The order includes 18 long-range A350-1000 and 15 single-aisle A321neo planes. In the airline's November filing with the Taiwan Stock Exchange, it was stated that the total value of the deal would not exceed $10.1 billion. Each A350-1000 is priced up to $436 million, and each A321neo is up to $150 million.


Clay Sun, President of EVA Air, said in a statement, "In both size categories we have selected the most modern and fuel-efficient types... The aircraft also brings significant reductions in carbon emissions, which is in line with our company's sustainability goals". This deal comes at a time when Airbus is set to break aerospace order records in 2023. The airplane deliveries are expected to number in the mid-730s, surpassing the company's target of 720. Based on these figures, Airbus is expected to announce the yearly orders and deliveries on Thursday.


This significant investment by EVA Air underscores the airline's commitment to modernization, fuel efficiency, and sustainability. It also highlights the ongoing demand for new aircraft in the aviation industry, despite the challenges posed by the global pandemic. EVA Air's decision to invest in Airbus planes could potentially influence other airlines in the region to follow suit. As the aviation industry continues to recover from the impact of the COVID-19 pandemic, such investments are likely to play a crucial role in shaping the future of air travel.

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The finalized deal between EVA Air and Airbus signifies a positive outlook for the aviation industry, demonstrating confidence in the market's recovery and growth. As airlines worldwide continue to navigate the challenges of the pandemic, such strategic investments are a testament to their resilience and adaptability.


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