Boeing and Airbus bag US$15 billion of deals in Paris Airshow battle

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Airbus and Boeing bagged a combined US$15 billion of plane deals on day two of the Paris Airshow, as their sales teams scrapped for orders after a ...

LE BOURGET, France: Airbus and Boeing bagged a combined US$15 billion of plane deals on day two of the Paris Airshow, as their sales teams scrapped for orders after a downturn in business at many airlines and the grounding of Boeing's top-selling jet.

Boeing, meanwhile, gained a much needed lift after a slow start to the show on Monday as Korean Air committed to buying 20 of the U.S. planemaker's 787 Dreamliners, worth US$6.3 billion at list prices. Sources familiar with the matter say that American Airlines and leasing giant GECAS are also in talks to buy Airbus's new A321XLR, which is aimed at new routes for airlines with smaller planes, stealing a march on Boeing's plans for a potential planned NMA mid-market jet.

 

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