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Airbus seals big A320 order from low cost carrier VietJetAir

SINGAPORE - Low cost carrier VietJetAir signed a deal Tuesday to buy more than 90 Airbus jets worth about $9.1 billion at sticker prices. VietJetAir's A320 deal is the only major purchase announced so far at the Singapore Airshow though other agreements may be announced in coming days. The budget carrier and Airbus had a preliminary agreement last year but it wasn't included in Airbus's order book for 2013. The deal includes confirmed orders for 63 of the single aisle A320 jets and 30 options to purchase. VietjetAir will also lease another eight A320s.

Airbus shows off new A350 at Singapore airshow as long-haul rivalry with Boeing heats up

SINGAPORE - Airbus showed off its new wide-body A350 on Monday ahead of Asia's biggest airshow, signalling that the jet's delivery schedule is on track and stepping up its battle with Boeing for the lucrative long-haul market. The European plane-maker gave reporters a look at the twin-engine A350 before it goes on display at the Singapore show starting Tuesday in its first public appearance since its debut flight in June last year. It will also join the show's flying display.

Airbus shows off new A350 at Singapore airshow in strong sign advanced jet is on schedule

SINGAPORE - Airbus is showing off its new wide-body A350 at Asia's biggest airshow this week. It's a strong sign the European plane maker is on schedule to start delivering the advanced jet to airline customers in the second half of the year. Reporters on Monday toured an A350 fitted with monitoring equipment. It will also be displayed to the public for the first time when the airshow starts on Tuesday.

Airbus posts record orders, ponders higher production

By Tim Hepher TOULOUSE, France (Reuters) - Airbus <AIR.PA> posted an industry record of 1,619 new airplane orders in 2013, pushing its backlog to almost nine years of production, and said it was examining the potential for a two-stage increase in production of its most popular jets. The European planemaker reclaimed top spot in commercial orders from Boeing <BA.N> after repeatedly revising up its targets last year, but lost the delivery contest to its rival despite an internal record of 626 deliveries.

Airbus beats Boeing with record sales in 2013

European aircraft maker Airbus beat US rival Boeing with record sales and orders last year but came second in terms of finished airliners delivered, figures from the company showed on Monday. Airbus said that in 2013 it took 1,503 net orders, allowing for cancellations. This compares with 1,355 orders taken by Boeing. Total orders taken by Airbus is a record for the whole industry.

AirAsiaX places $6 bn order for 25 Airbus A330s

Low-cost Malaysian airline AirAsia X announced Wednesday that it was ordering 25 long-range A330-300 aircraft with a catalogue price of nearly $6 billion (4.4 billion euros). Airbus said at a joint press conference in Paris it was the biggest single order for the widebody twin-engine aircraft from an airline, and would begin delivering the planes to the long-haul affiliate of the AirAsia group in 2015. The order includes the latest version of the A330-300 capable of flying from Asia to Europe or the Americas non-stop.

Washington state courts Airbus as Boeing looks to expand operations in other states

SEATTLE - Even as they try desperately to hang on to Boeing Co., officials in Washington state have been courting the main competitor of the aerospace giant. During the past several months, state officials have travelled to the U.S. headquarters of Airbus SAS in Virginia, moved to connect Airbus with Washington state suppliers, and signed a five-year confidentiality agreement with the company to allow further exploration of business opportunities, according to records obtained by The Associated Press under public disclosure laws.

Haunted by old pledges, Airbus aims to boost A340 value

PARIS (Reuters) - Airbus and its engine makers have acted to try to shore up the value of second-hand A340 aircraft as the European planemaker tries to reduce its financial exposure to depressed market prices of an aircraft that it no longer produces. Airbus has told bankers, airlines and other owners of the aircraft that it is working on plans to increase the maximum capacity by 8 percent to 475 seats in a bid to make it more attractive to airlines looking to replace Boeing 747-400s.

Airbus in bid to boost A340 value as asset guarantees loom

PARIS (Reuters) - Airbus and its engine makers have acted to try to shore up the value of second-hand A340 aircraft as the European planemaker tries to reduce its financial exposure to depressed market values of an aircraft that it no longer produces. Airbus has told bankers, airlines and other owners of the aircraft that it is working on plans to increase the maximum capacity by 8 percent to 475 seats in a bid to make it more attractive to airlines looking to replace Boeing 747-400s.

Airbus aims to overtake Boeing fleet in Latin America next year

SAO PAULO (Reuters) - Airbus aims to have more airliners operating in Latin America than its U.S. rival Boeing for the first time next year, the European company's top executive in the region said on Tuesday. The reversal of fortune for Airbus, the commercial aircraft subsidiary of European Aeronautic, Defense and Space Co <EAD.PA>, underscores its fierce battle with Chicago-based Boeing Co <BA.N> for one of the world's fastest-growing travel markets.
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