The Paris Air Show might have been a delight for many, but for Airbus, it definitely meant much more than just that. Surpassing Boeing Co. to secure a 60-plane order from Qatar Airways, Airbus came out in flying colours announcing that its midsized A350 jet could now be launched after securing the huge Qatar order.
However, Qatar Airways also declared that about 20 Boeing 777s would be procured along with the Airbus flights. Chicago’s Boeing Co. has received a setback since it was supposedly quite positive of bagging orders from Doha based, Qatar Airways, in addition to the previous 266 Dreamliners orders.
Meanwhile, Airbus had ordered for 10 ‘nonbinding’ A350 jets from Spanish carrier Air Europa prior to the Qatari deal. Boeing asserted that the A350s had been inspired by its A330s and were nothing in comparison to its latest, rather pristine jets. Nonetheless, Qatar's requisition for Airbus’s planes only reiterates the confidence in the group’s advanced and innovative designs that comprise of impressive lightweight materials.
While Jon Kutler, head of the U.S. aerospace consulting group, Jefferies Quarterdeck, felt that the Qatar order was a “well-needed morale boost” for the A350 jets, Airbus CEO, Noel Forgeard stated that the Qatar Airways order was enough reason for the commencement of the plane.
Then again, the owner of Airbus, European Aeronautic Defence and Space Co., deferred the launch, demolishing all anticipations of the plane being launched during the air show. He stated that an approval for the inception of the jet would be granted only after September.
Posted
on : Tue, 14 Jun 2005 14:00 GMT | Business News
By : Mike Lawson
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