Boeing Lay's low at Paris Air Show
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European aeroplane manufacturer Airbus announced Saudi and Polish orders for more than 100 aircraft at the Paris Air Show on Monday while US rival Boeing focused on “supporting customers” after the Air India crash.
Airbus SE said the fatal accident on Thursday in India involving a Boeing Co. airliner should spur the industry as a whole to advance its safety culture, dismissing the notion that the crash could bring a competitive edge to one planemaker over the other in the global duopoly.
Airbus struck a deal with budget airline VietJet for up to 150 single-aisle jets at the Paris Airshow on Tuesday, where industry hopes for a return to tariff-free trade were given a boost by U.S. Transport Secretary Sean Duffy.
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PARIS: Airbus has signed a memorandum of understanding with VietJet for 100 of its A321neo planes, with a potential to add 50 more to the deal, industry sources said at the Paris Airshow on Tuesday (J
The companies said they had signed a memorandum of understanding for VietJet to buy 100 more A321neo planes, with the option to add up to a further 50 to the deal in future. The agreement confirmed an earlier Reuters story. A deal for 150 A321neos could be worth around $9.4 billion, according to estimated prices provided by Cirium Ascend.
Airbus SE predicted the global commercial aircraft fleet will double in size to almost 50,000 planes over the next 20 years, spurred by rapid growth in markets like India, where a rising middle class increasingly takes to air travel.