Airbus bags record 728 orders24/06/2007 16:25[image no longer available]
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- <LI style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; MARGIN: 0px; PADDING-TOP: 2px; BORDER-BOTTOM: lightgrey 1px dotted">Boeing, Airbus orders fly in <LI style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; MARGIN: 0px; PADDING-TOP: 2px; BORDER-BOTTOM: lightgrey 1px dotted">Airbus is back, says CEO <LI style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; MARGIN: 0px; PADDING-TOP: 2px; BORDER-BOTTOM: lightgrey 1px dotted">Airbus lands record orders <LI style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; MARGIN: 0px; PADDING-TOP: 2px; BORDER-BOTTOM: lightgrey 1px dotted">US Airways orders Airbus' <LI style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; MARGIN: 0px; PADDING-TOP: 2px; BORDER-BOTTOM: lightgrey 1px dotted">Airbus fires 1st shots in Paris
- Airbus, Boeing begin dogfight
Le Bourget - Airbus cast aside worries about the future of two of its new aircraft and broke records at the 47th Paris Air Show with a haul of 728 orders, allowing it to nose past its arch-rival the US planemaker Boeing.
The 2007 show drew about 300 000 vistors and was dubbed a vintage year at a time when the air travel industry is booming, according to its organisers, the Grouping of French Aeronautical and Space Industries (GIFAS).
"The amount of contracts concluded should exceed $100bn (€74bn), the industrial interests are all extremely satisfied, " said Louis Le Portz, the show's general commissioner, on Sunday, the last day of the show.
Airbus racked up 425 firm orders and 303 options for a list price of $98bn.
"It's the best show ever recorded by a plane-maker," said Airbus commercial director John Leahy.
Airbus tallies 626 firm orders against 510 for Boeing, which was in the lead before the show, and expects to end 2007 with at least 900 orders.
The long-haul A350, which has had to be substantially revamped and challenges Boeing's runaway success, the 787 Dreamliner, has collected 154 firm orders against only 13 at the start of the month.
Boeing, by contrast, only announced one order at the show, though it came from the very influential leasing group ILFC and was for 50 787s, bringing the total a year before the plane takes to the skies to 634.
But there were clouds in Airbus's sky. The delays to the superjumbo A380 and the weakness of the dollar have forced the Power 8 restructuring plan on the company as it bids to remain competitive.
'EADS must become a normal business'
Both in France and in Germany trade unions are counting on the commercial successes at Le Bourget to soften the impact of the plan, which calls for 10 000 jobs to be lost at six sites in Europe.
French President Nicolas Sarkozy said on Saturday at the show that his summit with German Chancellor Angela Merkel on July 16 would be held at the Airbus plant at Toulouse in southwestern France.
The shareholders in the EADS parent company DaimlerChrysler of Germany and France's Lagardere have been invited.
"EADS must become a normal business," he said as tensions within the company between its French and German partners surfaced over the possible sale of a 46.3% stake in France's Dassault Aviation.
In the field of military aircraft France and Germany signed a declaration of interest with a view to launching a joint military heavy transport helicopter project that could see the aircraft entering service some time around 2020.
France, Germany and Spain signed a technical agreement of a project to manufacture an advanced intelligence unmanned drone. Dassault Aviation, once an EADS ally, joined forces with Italy's Aliena Aeronautica and Sweden's Saab AB in signing a letter of cooperation in the same area. Arianespace ordered from EADS Astrium 35 top of the range Ariane 5 ECA rockets.