Airbus SAS said it must strike a balance in the ramp-up of its new A350 between a sales force seeking to push out planes and engineers advocating a slower approach to permit changes before too many aircraft are built.
EasyJet Plc agreed to buy 135 Airbus SAS jets worth about $13.22 billion at list price as Europe’s No. 2 low-cost carrier upgrades its fleet, reopening a confrontation with its founder, who has opposed the purchase.
Airbus SAS won a commitment from Doric Asset Finance Ltd. for 20 A380s worth $8.1 billion at list price, making the early running at the Paris Air Show with the biggest superjumbo deal for three years.
Boeing Co. defended the use of traditional aluminum for the fuselage of its upgraded 777 twin- aisle jet as Airbus SAS’s A350, a competing model made chiefly of composite plastic, takes the spotlight at the Paris Air Show.
Airbus SAS’s new A350 wide-body returned from its maiden flight after a four-hour airborne test of the long-range airliner, in a show of confidence that the jet can enter service in late 2014 and challenge Boeing Co.
Boeing Co. is under mounting pressure from airlines eager for an improved version of its biggest twin-engine jet as Airbus SAS makes inroads in the wide- body market with a model available years earlier.
Airbus SAS is looking to build momentum for the new A350, with its sales chief criss-crossing the globe to chase orders while test pilots and engineers race toward first flight as the Paris Air Show approaches.
Airline executives are set to spend more on orders for the latest wide-body planes from Airbus SAS and Boeing Co. as consolidation and cost cuts give them more reason for optimism for a rebound in earnings this year.
Boeing Co. won the first order for the stretched version of its 787 Dreamliner as Singapore Airlines Ltd., Southeast Asia’s biggest carrier, split a purchase of jets with Airbus SAS valued at $17 billion.
Airbus SAS will probably seek some flexibility from its largest customers on delivery of the A320neo single-aisle jet to help accommodate new buyers, as the company tries to work through a record order book for the plane.