AIRLINE INDUSTRY INFORMATION--European aircraft manufacturer Airbus has outperformed US-based Boeing Co at the Asian Aerospace show in Singapore.
The manufacturer reportedly announced at the show orders for new passenger aircraft from Indonesia and India as well as industrial cooperation plans with South Korea.
According to The Associated Press, Airbus revealed on Thursday (23 February) that it has received orders this week for a total of 40 A320 aircraft from Indonesia's Adam Air and India's GoAir. The order is valued at approximately USD2.8bn (EUR2.4bn) based on list prices. GoAir also took an option for the purchase of 10 additional A320 aircraft.
The manufacturer also finalised extended cooperation agreements with state-run Korea Aerospace Industries Ltd worth over USD1bn (EUR840m). These cover development of the new A350 and manufacturing of components for A321 aircraft.
In addition Airbus also entered into a deal on Monday (20 February) to sell 43 A320 and A319 jets to the airline Indian for USD2.5bn (EUR2.08bn) and Boeing announced that Indian carrier Spicejet had ordered 10 737 aircraft and was taking an option to order another 10, The Associated Press reported.
Financial Times Information Limited.