Airbus beats rival Boeing
AIRBUS piled up orders for its revamped A320neo passenger jet at the Paris Air Show yesterday, putting more pressure on Boeing.
European planemaker Airbus notched up $14.4bn (£8.8bn) of orders on the first day, outselling US rival Boeing’s $9.3bn.
Early yesterday its sales chief said it had 544 commitments for its new A320 aircraft, including a memorandum of understanding with leasing company CIT for 50.
Healthy demand from buyers at the show has provided evidence that a solid upswing in civil aviation is underway, powered by emerging markets in Asia. The hike in oil prices this year has also given buyers a new sense of urgency to get more fuel-efficient aircraft.