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July 25, 2008 12:15:18 PM CDT

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Singapore Airlines Sends Airbus Skyward

Posted Jun 22, 07 6:45 PM CDT in World,  Business,  Technology 

(Newser) – With a $3.78 billion order from Singapore Airlines as the Paris Air Show wrapped up today, Airbus regained the lead over archrival Boeing, Bloomberg reports. The carrier ordered 20 new A350s from the world's largest maker of commericial aircraft, bringing the total of the company's record number of firm orders to $61.7 billion.

Chicago-based Boeing beat Airbus in total number of orders last year, but Airbus' 626 orders for 2007 easily surpasses Boeing's 510. If its pending nonbinding deals go through, the French manufacturer will rack up about 930 orders this year. Still,  Airbus' parent company's profits will suffer through 2010 because the new A380 is 2 years late.

Source Bloomberg

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A superjumbo jet Airbus A380 on the tarmac of the Bourget airport, during the 47th Paris Air Show in Le Bourget, north of Paris, Friday June 22, 2007. Airbus unveiled a raft of orders at the Paris Air...   (Associated Press)
A superjumbo jet Airbus A380 on the tarmac of the Bourget airport, during the 47th Paris Air Show in Le Bourget, north of Paris, Friday June 22, 2007. Airbus unveiled a raft of orders at the Paris Air...   (Associated Press)
Visitors take shelter under the wing of a jumbo jet Boeing 747 during a thunderstorm, at the 47th Paris Air Show in Le Bourget, north of Paris, Friday June 22, 2007.(AP Photo/Christophe Ena)   (Associated Press)
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airline industry  • Boeing  • Airbus  • 787 Dreamliner  • Singapore Airlines  • Paris Air Show  • Airbus A350


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