NewswireToday - /newswire/ - London, United Kingdom, 2005/06/20 - With 280 airliners sold during the first five days at Paris International Air Show, Airbus announced orders and commitments not including undisclosed orders and commitments finalised during Le Bourget for 40 additional aircraft are worth around $33.5 Bln.

Air Canada announced cancellation of Boeing 777 and 787 orders. The first 777s were to be delivered in the early part of next year. The 787s would've begun to arrive in 2010 to replace Air Canada's 767s. The loss for Boeing Corp. is around $6 Bln. boeing.com/news/breakingnews/2005/050618g.html

Recent orders reaffirm Airbus’ leadership of the airliner business and reflect an increasingly strong market recovery. Airbus Hits Jackpot with a $33.5 billion Worth of Orders and over 280 airliners sold in Just a Business Week.

Easily surpassing the company’s prediction that it would have triple-digit sales during the show – with more expected in the coming days. They also included a new customer for the double-deck Airbus A380, Kingfisher Airlines of India.

Customers in the Middle East and India made up the bulk of the orders and commitments, with Qatar Airways announcing it would acquire 60 Airbus A350s and start-up Indian carrier IndiGo accounting for the largest single deal, for 100 Airbus A320 Family aircraft. Source Airbus Press Center.

During the showcase German low-cost carrier Air Berlin 100th Airbus customer has joined the Customised Lead Time (CLT) service for Airbus aircraft spare parts. Air Berlin will take delivery of Airbus A320 aircraft as from September 2005 and has a total of 60 firm orders plus additional 40 purchase options.

About Airbus Industries

Airbus is a leading aircraft manufacturer whose customer focus, commercial know-how, technological leadership and manufacturing efficiency have propelled it to the forefront of the industry. With a turnover of slightly over 20 billion euros in 2004, Airbus today consistently captures half of all commercial airliner orders. The company also continues to broaden its scope and product range by applying its expertise to the military market.

Written by / Agency / Source: Insider News Group

Availability: All Regions (Including Int'l)

Traffic Booster: [/] Quick Newswire Today Visibility Checker

Distribution / Indexing: [+]