Airbus secures $16bn order at Paris Air Show

Airbus left arch-rival Boeing in its wake with an ever-expanding sales tally at the Paris Air Show yesterday by cementing a $16bn (£10bn) deal for 150 of its revamped A320neo aeroplanes and 30 of the original A320 models. The deal with India's budget carrier IndiGo means Airbus has sold 727 A320neos so far. And the figures could rise further if the rumoured $17bn agreement for another 200 with Malaysia's AirAsia materialises by the end of the show this week.

"There is a possibility that we will be at 1,000 by the end of the show," Airbus sales chief John Leahy said, characterising the response to the A320neo as "overwhelming".

Boeing secured a provisional agreement for 40 of its 737s with Russia's UTair Aviation.

By early afternoon, Boeing's firm and provisional orders at the show stood at $22.4bn for 141 planes. Airbus had orders for more than 400, even before the IndiGo deal was firmed up.

Comments