Airbus takes off with sales of US$21b
Boeing's tally on first day of expo comes to US$7.7b
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[FARNBOROUGH, England] Airbus Group dominated the first day of the Farnborough Air Show with a US$21 billion sales blitz to grab an early lead over Boeing Co at the aviation industry's biggest annual expo.
Boeing's tally came to about US$7.7 billion, according to data compiled by Bloomberg Industries. The Chicago-based planemaker may quickly punch back: it is close to announcing jet purchases valued at as much as US$9.2 billion by Air Lease Corp and BOC Aviation Ltd, people familiar with the talks said.
Airbus' fast start at the event outside London was welcome news for a company that amassed only 290 net aircraft orders after cancellations during the first half, trailing Boeing's 499.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
