Airbus Edges Boeing In Orders Race At Paris Air Show

LE BOURGET, France (AP) — Airbus glided past U.S. rival Boeing to take top honors in their annual competition to sell commercial jets at the Paris Air Show, according to final tallies that together amounted to over $107 billion in business. The announcements Thursday capped four days of deal-making at the biennial air show, when top executives from the world's largest airlines clink champagne glasses and write whopping checks as test pilots fly demonstrations of high-tech aircraft at Paris' normally sleepy Le Bourget airfield. Industry watchers had been expecting a modest haul of orders as airlines pull back from a record-breaking spate of plane buying in recent years. High fuel prices up until a year ago had prompted airlines to invest massively in a new generation of more fuel-economical aircraft like the Airbus A320neo and the Boeing 737MAX.

Topics:  france ap     airbus   u.s    paris air show   paris   le bourget   industry   high   airbus a320neo   boeing 737max   le bourget   boeing   paris    orders   airlines   aircraft   top   
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