"The news underscores the position of the A330 as the most popular aircraft in its class, offering levels of comfort, efficiency and reliability that continue to make it a winner with airlines worldwide," Airbus' COO, Customers, John Leahy, said in a statement.
The Singapore deal is only the latest of a slew of A330 orders this year alone. Saudi Arabian Airlines signed an order for four A330-300s on June 20 to add to the eight planes it ordered in July 2008. Korean Air ordered five A330s at the beginning of May. In March, Cathay Pacific submitted a firm order for 15 A330-300s, and Iberia signed an MoU for eight planes.
“[There] is a simple reason for this continued success: the best economics of its generation,” Crawford Hamilton, who is in charge of marketing for the A330 and A340 planes, said in May. “The aircraft is seen as a long-term investment by airlines and investors.”
At the time, Airbus officials said they would raise the A330 production rate to 10 planes a month starting in the second quarter of 2013. As of May 31, Airbus has tallied 1,127 orders for aircraft in the A330 family.