[UPDATE 12:09 p.m. EDT] The Boeing Co. (NYSE:BA) annouced Tuesday from the Paris Air Show in Le Bourget, France, that Korean Air Lines Co. Ltd. (KRX:003490) has agreed to buy five 747-8s and six 777-300ERs in a $3.6-billion deal. The carrier currently owns 90 Boeing aircraft.
Original story begins below:
The Boeing Company (NYSE:BA) announced Tuesday it landed 102 orders for its new Dreamliner 787-10, worth about $30 billion, the largest sum for a company announced so far at the 2013 Paris Air Show that runs through Sunday at Le Bourget, north of the French capital.
The buyers, which include aircraft leasing companies, were:
- Singapore Airlines Ltd. (SGX:C6L) for 30 planes;
- Air Lease Corp (NYSE:AL) for 30 planes;
- United Air Lines Inc. (NYSE:UAL) for 20 planes;
- British Airways PLC (LON:IAG) for 12 planes; and
- GE Capital Services (NYSE:GE) for 10 planes.
Airbus (EPA:EAD) also announced that British carrier easyJet PLC (LON:EZJ) placed an order for 100 A320neo jets for delivery between 2017 and 2022 and 35 A320s due between 2015 and 2017.
“Airbus offered us the best deal, and at a price with a greater discount to the list price than their landmark fleet purchase with easyjet in 2002," said easyJet chief executive Carolyn McCall, in announcing the deal.
Brazilian aircraft maker Embraer SA (NYSE:ERJ) also won orders for 215 of its newest planes, including an option to increase that order by another 165 aircraft. The largest order in the batch came from Utah-based SkyWest, Inc. (Nasdaq:SKYW), which ordered 100 of Embraer’s E175-E2 aircraft, at around $53 million apiece.
Pratt & Whitney, a unit of United Technologies Corporation (NYSE:UTX), said it has commitments for 1,000 of its turbo fan aircraft engines, which are used in Embraer’s next-generation E-jets and Canada’s Bombardier, Inc. (TSE:BBD.B) CSeries jet that is scheduled to make its debut this summer.
Angelo Young is a general assignment business reporter who joined IBTimes in April 2012. Much of his career has been behind the scenes as a copy editor, assignment editor and...