Airbus struck a 50-plane deal with veteran low-cost airline investor Bill Franke...
LE BOURGET, France - Airbus struck a 50-plane deal with veteran low-cost airline investor Bill Franke on Wednesday, bouncing back from the potential loss of a major customer a day earlier when IAG placed a lifeline order for Boeing’s grounded 737 MAX jet.
Airbus, which hasn’t disclosed a list price for the A321XLR, launched the plane on Monday, aiming to carve out new routes for airlines with smaller planes and steal a march on Boeing’s plans for a potential all new jet for the middle of the market. The deal signals intensified competition in Asia where Boeing this week predicted 40 percent of jets would be delivered over the next 20 years.
An Airbus A350-1000 performs during the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 18, 2019. REUTERS/Pascal Rossignol Even so, Boeing was expected to try to capitalize quickly on the move and seek further support for the embattled MAX as it offers airlines other big packages at attractive prices.
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