360° Coverage : Airbus, Boeing compete for mega deals at Paris Air Show

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Airbus, Boeing compete for mega deals at Paris Air Show
Photo Credit: ERIC PIERMONT, Getty Images

Airbus, Boeing compete for mega deals at Paris Air Show

Jun 20 2013, 2:01am CDT | by

Paris, June 20 (IANS) Two world aviation industry giants, Airbus and Boeing, are engaged in fierce commercial battles for winning big orders for their long-haul airplanes at the 2013 International Paris Air Show.

Paris, June 20 — Two world aviation industry giants, Airbus and Boeing, are engaged in fierce commercial battles for winning big orders for their long-haul airplanes at the 2013 International Paris...

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1 year ago

Airbus, Boeing compete for mega deals at Paris Air Show

Jun 20 2013, 2:01am CDT | by

Paris, June 20 (IANS) Two world aviation industry giants, Airbus and Boeing, are engaged in fierce commercial battles for winning big orders for their long-haul airplanes at the 2013 International Paris Air Show.

Paris, June 20 — Two world aviation industry giants, Airbus and Boeing, are engaged in fierce commercial battles for winning big orders for their long-haul airplanes at the 2013 International Paris Air Show.

As the leading European aircraft manufacturer, Airbus Wednesday announced that Air France-KLM has ordered 25 Airbus A350 planes at list prices of $7.2 billion with an option for 25 additional aircraft, reported Xinhua.

A350 is a new model, fuel-efficient airplane of Airbus. Most importantly, it is a key jet that the European plane maker expects to use to compete with 787 and 777, Boeing's next-generation jets which are also fuel-saving, in the world's long-haul, wide-body airplane market.

Both the new planes of Airbus and Boeing are made of lighter composite materials that help reduce fuel consumption and pollution.

Sri Lankan Airlines also promised Airbus an order of six long-haul A330 and four A350 aircraft at list prices of $2.6 billion.

Meanwhile, the giant American airplane firm Boeing won orders for more than 200 airplanes from its 737 family Wednesday, following Tuesday's mega order commitments for 102 airplanes from five customers across Europe, Asia and North America.

The biggest customer came from Ireland, Europe's biggest low-cost airline Ryanair. The Irish carrier firmed up an order for 175 Boeing 737-800 aircraft with a catalogue price of $15.6 billion. The company was working on placing an order for at least 200 fuel-saving 737 MAX airplane within this year, with the value estimated at $20 billion.

Another customer of Boeing is the Czech Travel Service, which made an order for three 737 MAX at a cost of $301.5 million. As a new generation of 737, the cost-saving 737 MAX is expected to come into service in 2017.

IANS

Source: IANS

 
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Source: Business First of Louisville   Full article at: Business First of Louisville
 

 
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Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
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Source: SeekingAlpha   Full article at: SeekingAlpha
 

 
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Source: Business Insider   Full article at: Business Insider
 

 
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Europe Markets: Peugeot, Barclays among major European movers after earnings

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Source: MarketWatch   Full article at: MarketWatch
 

 

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<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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