Friday 30 September 2016

Airbus beats Boeing at Farnborough

Tim Hepher

Published 15/07/2016 | 02:30

An Airbus A400M as Airbus beat rival Boeing in the battle to record the most orders at Farnborough International Airshow. Photo: PA
An Airbus A400M as Airbus beat rival Boeing in the battle to record the most orders at Farnborough International Airshow. Photo: PA

Airbus jetted past rival Boeing to end the Farnborough Airshow with 279 orders and commitments worth $35bn (€31.5bn) at list prices, but orders from both planemakers fell compared with the sister show in Paris last year.

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Airbus, which had been behind Boeing leading up to the show, reported firm new deals for 197 aircraft worth $26.8bn, led by demand for the largest version of its single-aisle A320.

Sales chief John Leahy said he was not worried about aviation markets overheating and rejected questions raised by rival Boeing over order backlogs.

Boeing said it had announced orders and commitments for 182 aircraft, though it included 42 already on its books and for which only the names of the buyers were disclosed.

(Reuters)

Irish Independent

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