June 23, 2007

Airbus orders soar

The manufacturer of Airbus AIRPLANE raised his alcohol that indicated by means of a flag this week after orders of registry of the revelation in the air demonstration of Paris.

The company shrunk of delays and the leftovers of cost to its superJumbo A380 to announce new orders and commissions with a value of the catalogue of $98bn (£49.1bn) in Him Bourget. The blow of the operation its previous more better possible one in 2005 and pushed its old Boeing rival in the curtain.

Airbus’s raft of new contracts include 425 firm orders and additional commitments for 303 more.

Boeing won an order for 63 jets from airline leasing company International Lease Finance, with a total list price of $8.8bn (£4.4bn), but announced orders for just 65 other aircraft during the show.

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The biggest Airbus success was an order for 80 A350s and three A380s for Middle East carrier Qatar Airways, worth up to $18bn (£9bn).

The win was also a boost for Rolls-Royce, which picked up the $5.6bn (£2.8bn) order for engines and servicing on the carrier’s new fleet of A350 aircraft, with the firm beginning deliveries in 2013.

The deal is the biggest ever for its civil aerospace division.

Bristol and Derby-based Rolls- Royce unveiled 19 orders with a list price of $15.1bn (£7.6bn) at the show this week.

Aviation experts said that Airbus “stole the high ground” in terms of aircraft numbers, but added that the real value of the orders and commitments may be below the figures actually announced by the company.

Howard Wheeldon, senior strategist at BGC Partners, said Airbus was likely to be offering significant discounts to major customers for its aircraft.

In February, the first house of Airbus, EADS, announced plans to diminish 1,600 BRITISH works during the four next years and 10,000 works altogether through their 16 European sites under their plan cost-saving Power8 to face delay and the increasing prices in the development of the A380.

Mr. said Wheeldon, “the A380 can have had his expensive problems enormous moving from the development to the production, but it is nevertheless a very fine plane.

“What matters though is whether Airbus is making them efficiently.”

Source: icWales

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