Tuesday, June 18, 2013

Orders fly thick and fast on opening day of Paris Air Show

Le Bourget: The Paris Air Show, the world’s biggest air fair, got off to a flying start Monday, despite stormy weather, as airplane makers Airbus and Boeing vied to announce a flurry of orders for passenger planes.
Airbus took the early lead in the biennial battle for orders between the European and US arch-rivals, who use the show at Le Bourget airport as a forum for announcing juicy contracts.
Germany’s Lufthansa confirmed its plans to buy 100 short-to-medium-range Airbus A320s, with a combined list value of $10.4 billion. Of the 100 planes, 70 were of the new engine, fuel efficient Neo variety.
France-based Airbus also announced a provisional deal for 20 double-decker A380 superjumbos from Doric Lease Corp, a German aircraft leasing company.
17/06/13 DPA/Business Line
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