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Airbus wins deals worth $75b at Farnborough Airshow
Last Updated: 2014-07-18 08:16 | Xinhua
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Airbus Group on Thursday announced that the group won deals worth 75.3 billion U.S. dollars for 496 aircraft during the firm's record-breaking 2014 Farnborough International Airshow.

The France-based Airbus said the deals comprise memoranda of understanding (MoUs) for 138 aircraft worth 36.9 billion U.S. dollars and purchase orders for 358 aircraft worth 38.4 billion U.S. dollars.

John Leahy, Airbus CEO, Customers, said: "The orders and commitments we've received at this record-breaking Farnborough for both the A330neo and A320neo families are together an unequivocally resounding endorsement for these most cost-efficient aircraft."

"For both our single-aisle and wide body categories, the high representation of lessors -- widely regarded as the global 'barometer' of the industry -- is indicative of the long-term confidence in the capacity needs for sustainable growth for the airlines in the years ahead," added Leahy.

On Wednesday, Boeing, Airbus' rival, announced that the company and Qatar Airways had finalized an order for 50 777-9Xs, valued at 18.9 billion U.S. dollars at the show.

The airline also announced a commitment for 50 additional 777-9X purchase rights and an intent to order four 777 Freighters and options for four more. The total deal is worth 40.1 billion U.S. dollars at list prices.

The Farnborough International Airshow is a week-long event that combines a major trade exhibition for the aerospace and defense industries with a public airshow.

The show carries on until July 20 at Farnborough Airport in Hampshire, England.

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