Main menu

Pages

Airbus and Japan Airlines agree landmark $9.5bn deal

Aircraft manufacturing giant Airbus has announced its first deal with Japanese carrier Japan Airlines (JAL). It has won an order from JAL for 31 of its A350 planes, in a deal worth nearly $9.5bn (£5.9bn) at list prices. The A350 is designed to be more fuel-efficient and is a direct competitor to US rival Boeing's 787 Dreamliner, which has been hit by safety and technical issues in recent months. The deal is a blow for Boeing, which has dominated Japan's aviation market. "This is Airbus' largest order for the A350 so far this year and is the largest ever order we have received from a Japanese airline," said Fabrice Bregier, chief executive of Airbus. "I must say that achieving this breakthrough order and entering a traditional competitor market was one of my personal goals."

Commentaires