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Page added on July 18, 2008

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Airbus Tops Boeing at Air Show Rescued by Mideast, Asian Orders

Airbus SAS topped rival Boeing Co.’s sales tally at the Farnborough International Air Show, where plane orders from Middle Eastern and Asian airlines shored up an industry besieged by high oil prices.

The world’s two largest airliner manufacturers announced $64 billion in orders, with more than 60 percent of the total going to Toulouse, France-based Airbus. That fell short of the $69.7 billion in purchases at the most recent comparable event, November’s Dubai Air Show.

Bloomberg



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