Boeing gets $38 bln orders

Boeing gets $38 bln orders

LE BOURGET - Agence France-Presse
Boeing gets $38 bln orders

An aerial view of a Airbus A380 and Boeing 787 Dreamliner, parked on the tarmac of the 50th Paris Air Show. AP photo

U.S. aerospace giant Boeing said that it had booked firm aircraft orders worth up to $38 billion (28.7 billion euros) at the Paris Air Show.

In a French-language statement that hailed the show as “a great millesime,” a term used for fine wines, the U.S. company also announced on June 20 so-called commitments, or options, on another $22.27 billion worth of planes. “The 50th Paris Air Show has been important for Boeing with a number of historic milestones,” vice president Charlie Miller said in a separate statement.

“Our airline customers have strongly endorsed Boeing’s innovative family of commercial airplanes with outstanding orders and the launch of our latest 787 Dreamliner model,” he noted.

Earlier in the day, European rival Airbus released its own figures on firm orders and total deals that included memorandums of understanding, announcing $39.3 billion in confirmed purchases.

Meanwhile, manufacturers of smaller regional planes such as Embraer of Brazil and the European turbo-prop specialist ATR also welcomed their best showings in at least 10 years, signs that the air transport sector is going strong. Boeing used the show to launch its 787-10 Dreamliner, with 102 firm orders and commitments from five customers, including Air Lease Corporation, GE Capital Aviation Services, International Airlines Group / British Airways, Singapore Airlines and United Airlines.