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Airline Shopping Spree Hands Airbus, Boeing Big Year of Orders
Siddharth Philip and Kate Duffy
Tue, December 19, 2023 at 8:50 PM GMT+8·2 min read
(Bloomberg) — Airbus SE and Boeing Co. are rounding out the year with a flurry of major orders, smashing records in one of the most active purchasing periods in recent memory that stretches their production lines well into the next decade.
On Tuesday, Deutsche Lufthansa AG said it ordered as many as 200 short-haul aircraft from the two manufacturers, in a deal the German carrier valued at about $9 billion. The same day, EasyJet Plc shareholders signed off on a 157 plane order for Airbus aircraft that it had announced a few months ago.
Orders exceeding 100 aircraft, once a rare occurrence in the industry, have become increasingly commonplace this year as delivery slots become scarce. Airbus and Boeing are now practically sold out for the rest of the decade on their most popular models, raising pressure on carriers to join the frenzy or risk being relegated to the end of an increasingly long line.
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As it stands now, Airbus has pulled in gross orders for more than 2,000 aircraft this year, comfortably breaking a record it had previously set it in 2014 when it sold almost 1,800 planes. Boeing’s order book stands at about 1,200 aircraft.
https://finance.yahoo.com/news/airline-shopping-spree-hands-airbus-125011043.html
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