Airbus Orders Triple The Value Of Boeing Orders At First Day Of Paris Air Show

 @MalikFromLA
on June 17 2013 11:51 AM
Ayrault And Bregier
Airbus President and CEO Fabrice Bregier, right, poses with French Prime Minister Jean-Marc Ayrault in the cockpit of an Airbus A350 passenger aircraft replica during the opening day of the 50th Paris Air Show, at Le Bourget airport near Paris, Monday. Reuters/Philippe Wojazer

Airbus, the commercial airplane branch of European Aeronautic Defence and Space Company EADS NV (EPA:EAD), announced orders on Monday worth $18.3 billion to the $6.1 billion sealed so far by the Boeing Company (NYSE:BA) at the 50th Le Bourget Airshow.

Airbus' deal partners include Doric Lease Corp, Lufthansa Group and Air New Zealand Limited (NZE:AIR).

Airbus conducted the first flight of its new A350 XWB aircraft just a few days prior to the show on Friday in a four-hour demonstration from Toulouse-Blagnac Airport.

Boeing has new deals so far with Qatar Airways, GE Capital Aviation Services (NYSE:GE) and Skymark Airlines. The Paris Air Show runs from Monday to Sunday, so the final tallies for the amount of money made and the number of planes ordered will be closely watched by industry observers throughout the week.

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