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Qatar strikes $17bn Airbus deal | |
(about 1 hour later) | |
Qatar Airways has confirmed an order for 80 A350 Airbus planes worth $16bn (£8.1bn) and a new $1bn order for three A380 super-jumbos. | |
The deal, signed at the Paris air show.includes a $5.6bn contract for Rolls Royce to make the A350 engines. | |
Meanwhile Dubai-based Emirates announced an order for eight A380s, thought to be worth about $2.5bn. | |
Part of European Aeronautic Defence and Space (EADS), Airbus is competing for passenger jet deals against Boeing. | |
Also at the show, General Electric's commercial aviation services made an order for six 777 Boeing freighters valued at some $1.42bn, for delivery in the last three months of 2008. | |
Order battle | Order battle |
Airbus has invested heavily in its 555-seater double decker A380, which has been beset with problems both in production and delivery. | 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. | 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. | 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. | "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. | It is also expected that US Airways will order 22 A350 planes worth some $4bn at the Paris show. |