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Airbus: Possible $12.9B Orders From Paris Air Show

Wall Street Journal - Jun 19, 2009

European commercial aircraft builder Airbus has racked up orders and commitments from airlines for 120 jets at the Paris Air Show this week, Chief Operating Officer-Customers John Leahy said Friday.

The unit of European Aeronautic Defence & Space Co NV (EADSY) is waiting for a final signature at the event later today for another order for seven A330 wide-bodied aircraft, he said.

If this order is concluded, he said, the total would rise to 127 aircraft worth $12.9 billion on the basis of Airbus's list prices. The last order, which would be worth about $1.7 billion on a list price basis, would be a memorandum of understanding, not a firm order, Leahy said.

He declined to disclose the identity of the customer until the contract is signed.

Read Full Article from Wall Street Journal

- Posted: 2009-06-19 08:44:04


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