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Tuesday 20th March 2018

Airbus Announces $11 Billion of Airplane Sales

Business

7Dnews London

Thu, 03 Jan 2019 20:06 GMT

European aircraft maker Airbus said on Thursday it had completed the sale of 120 planes from model A220-300 single-aisle aircraft worth $11 billion dollars (9.7 billion euros).

At least 60 of these aircraft were sold to US JetBlue, while another 60 were sold to the emerging Muxi company, which is due to begin operations in 2012.

In 2017, Airbus acquired the A320-300 aircraft developed by Bombardier of Canada, a new generation of aircraft designed for airlines wanting to buy 100 to 150 seats.

Bombardier has found it difficult to get new customers, although its planes provide fuel, such as the larger planes sold by Airbus and its US rival Boeing.


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