Boeing Lay's low at Paris Air Show
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By Tim Hepher PARIS (Reuters) -Airbus struck a deal on Tuesday to sell up to 150 single-aisle aircraft to Vietnamese budget airline VietJet, as the European planemaker continues to rack up business at the Paris Airshow.
AviLease, which is backed by Saudi Arabia’s sovereign wealth fund, kicked off the show with an order for 30 A321 narrow-body aircraft, with options for 25 more, as well as 10 A350 freight planes and 12 options. Last month, it announced an order of 30 Boeing 737 Max jets during US President Donald Trump’s tour of the Middle East.
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
Boeing retreats following fatal Air India crash as Airbus gets the better of it with Saudi Arabian and Polish deals.
On today’s pod we look at good tourism news everywhere but the U.S., Accor’s bet on Mbappe’s appeal, and Airbus’ activity at the Paris Air Show.
Boeing dominated the commercial passenger aircraft market for a long time, but it has lost its title as the world's biggest planemaker to Airbus because it's been making headlines for all the wrong reasons.
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 secured major orders on day one of the Paris Air Show as Boeing scaled back its presence following the Air India crash.