Airbus Seals VietJet Deal
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Boeing Lay's low at Paris Air Show
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Airbus, which added Vietnam’s VietJet to its list of customers, has a backlog of more than a decade at current build rates.
The order, announced Tuesday at the Paris Air Show, came just three weeks after Vietjet doubled its firm orders for the A330neo widebody to 40 aircraft. The carrier also has orders for 96 A320neo-family aircraft that were placed before Tuesday’s deal.
Boeing dominated the commercial passenger aircraft market for a long time, but it has lost its title as the world's biggest planemaker to Airbus because it's been making headlines for all the wrong reasons.
Boeing now expects worldwide demand for 43,600 additional commercial airplanes over the next 20 years, slightly lower than its earlier forecast
Boeing's shares appear overvalued at $200 amid risks, high P/E ratios, and competition. Click here to read an analysis of BA stock now.
Southwest is turning on Honeywell cockpit alerts across its 737 fleet to help pilots avoid runway mistakes after a rise in close calls.
Poland’s flag carrying airline LOT has placed an order for 40 new A220 jets with Airbus. It’s the first major order announced for the narrow-body aircraft since Airbus signed a definitive agreement with Spirit AeroSystems to acquire part of its Belfast operation where the wings for the A220 are made
LE BOURGET—LOT Polish Airlines is switching its large regional fleet from Embraer E1s and E2s to the Airbus A220, a decision that opens up the opportunity for the airline to offer more capacity with a single type.