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Qatar announces $17bn Airbus deal Qatar announces $17bn Airbus deal
(20 minutes later)
Qatar Airways has confirmed an order for 80 A350 Airbus planes worth $16bn (£8.06bn) at the Paris air show.Qatar Airways has confirmed an order for 80 A350 Airbus planes worth $16bn (£8.06bn) at the Paris air show.
The airline also announced a new order for three A380 super-jumbo models worth nearly $1bn.The airline also announced a new order for three A380 super-jumbo models worth nearly $1bn.
Emirates is expected to make an order worth about $3bn for 10 Airbus A380s while US Airways is tipped to order 22 A350 planes worth some $4bn. Meanwhile Dubai-based Emirates announced an order for eight A380 planes, in a deal estimated at $2.5bn.
The European plane maker is battling for market share in the passenger jet sector against US rival Boeing. Airbus, the commercial arm of Aeronautic Defence and Space (EADS), is battling to compete in the passenger jet sector against US rival Boeing.
The European firm has invested heavily in its 555-seater double decker A380, which has been beset with problems both in production and delivery. Order battle
Airbus has invested heavily in its 555-seater double decker A380, which has been beset with problems both in production and delivery.
Meanwhile Boeing's Dreamliner, which is set to use 20% less fuel than other planes of the same size, has been one of the US firm's key successes.Meanwhile Boeing's Dreamliner, which is set to use 20% less fuel than other planes of the same size, has been one of the US firm's key successes.
The announcement by Emirates brought the total number of A380s it has ordered to 55.
But the airline said it was yet to decide on an order for A350 planes.
"For the A350 we have to make a decision in the next few months," Sheikh Ahmed Bin Saeed Al Maktoum, Emirates Group Chairman said during a news conference.
It is also expected that US Airways will order 22 A350 planes worth some $4bn at the Paris show.