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                    [Title] => GE lands $8 billion in orders at Paris air show
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With its unveiling of the fastest-selling large jet engine in GE history — the GEnx — and its strategic agreement with Mubadala Development Company, GE and its joint ventures, CFM and Engine Alliance, announced more than $8 billion in orders at the Paris Air Show held at Paris’ Le Bourget airport.
                    [DatePublished] => 2009-07-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Lifestyle Business
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                    [ArticleID] => 477817
                    [Title] => Boeing shut out of orders race at Paris Air Show
                    [Summary] => 
LE BOURGET, France (AP) – Boeing didn't score a single jet order and its competitor Airbus didn't fare that much better on yesterday's opening day of the Paris Air Show, where the mood among the world's aviation industry leaders was as damp as the weather.
Worries about the unexplained crash of Air France Flight 447 hung in the air as airlines and planemakers gathered at the 100th anniversary of the world's first and largest air show. Pouring rain at the Le Bourget air field, combined with plunging revenue, layoffs and unprecedented losses in the industry, set the stage for a modest gathering.
While defiant Boeing Co. executives said the overall prospects were robust, the Chicago-based aviation giant reported no new order yesterday. Airbus announced just one, from Qatar Airways, for 24 jets from the A320 family worth $1.9 billion.
At the opening day of the industry's last major show, in Farnborough, England, a year ago, airlines from oil-rich Middle Eastern countries booked orders for about 150 planes worth more than $25 billion.
Gulf-based carriers were among the few pulling out their checkbooks this year.
Qatar Airways' head, Akbar al-Baker, announced firm orders for 20 single-aisle A320s and confirmed a commitment for four A321 jets announced last year at the Farnborough Air Show.
He said the deal announced yesterday is worth $1.9 billion, which is about the same as the list price. Airlines, however, usually negotiate steep discounts to catalog prices, particularly during grim economic times.
Meanwhile, Rolls-Royce PLC signed a $1.5 billion order with Gulf Air to supply engines for the Bahrain-based airline's new Airbus A330 long-haul aircraft. The British aircraft engine manufacturer will supply Trent 700EP engines to power 20 Airbus A330 aircraft, with deliveries beginning in 2012.
Russian planemaker Sukhoi, peddling its SuperJet 100 at the air show, netted promised orders from Hungary's Malev for 30 jets worth up to $1 billion. But it was a commercial sleight of hand, since Malev was bought by Russian state-owned bank Vnesheconombank in a high-profile deal earlier this year.
The SuperJet 100, seen as key to Russia's attempts to revitalize its civilian aircraft industry, is designed to fly both regional and medium-haul routes. SuperJet International is a joint venture between Italy's Alenia Aeronautica and Russia's Sukhoi Civil Aircraft.
Canada's Bombardier announced it had won, confirmed or converted a total of 35 firm orders for its CRJ1000 NextGen jets by Spanish regional carrier Air Nostrum, in deals worth a total of $1.75 billion.
Boeing warned last week not to expect a flurry of orders. Its defense business is hoping to make up for lagging commercial sales — and weakening US military sales — through rising international exports.
Boeing Integrated Defense Systems (IDS) announced yesterday the launch of a 
                    [DatePublished] => 2009-06-16 03:00:00
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AIR NOSTRUM

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                    [ArticleID] => 487895
                    [Title] => GE lands $8 billion in orders at Paris air show
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With its unveiling of the fastest-selling large jet engine in GE history — the GEnx — and its strategic agreement with Mubadala Development Company, GE and its joint ventures, CFM and Engine Alliance, announced more than $8 billion in orders at the Paris Air Show held at Paris’ Le Bourget airport.
                    [DatePublished] => 2009-07-20 00:00:00
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                    [Title] => Boeing shut out of orders race at Paris Air Show
                    [Summary] => 
LE BOURGET, France (AP) – Boeing didn't score a single jet order and its competitor Airbus didn't fare that much better on yesterday's opening day of the Paris Air Show, where the mood among the world's aviation industry leaders was as damp as the weather.
Worries about the unexplained crash of Air France Flight 447 hung in the air as airlines and planemakers gathered at the 100th anniversary of the world's first and largest air show. Pouring rain at the Le Bourget air field, combined with plunging revenue, layoffs and unprecedented losses in the industry, set the stage for a modest gathering.
While defiant Boeing Co. executives said the overall prospects were robust, the Chicago-based aviation giant reported no new order yesterday. Airbus announced just one, from Qatar Airways, for 24 jets from the A320 family worth $1.9 billion.
At the opening day of the industry's last major show, in Farnborough, England, a year ago, airlines from oil-rich Middle Eastern countries booked orders for about 150 planes worth more than $25 billion.
Gulf-based carriers were among the few pulling out their checkbooks this year.
Qatar Airways' head, Akbar al-Baker, announced firm orders for 20 single-aisle A320s and confirmed a commitment for four A321 jets announced last year at the Farnborough Air Show.
He said the deal announced yesterday is worth $1.9 billion, which is about the same as the list price. Airlines, however, usually negotiate steep discounts to catalog prices, particularly during grim economic times.
Meanwhile, Rolls-Royce PLC signed a $1.5 billion order with Gulf Air to supply engines for the Bahrain-based airline's new Airbus A330 long-haul aircraft. The British aircraft engine manufacturer will supply Trent 700EP engines to power 20 Airbus A330 aircraft, with deliveries beginning in 2012.
Russian planemaker Sukhoi, peddling its SuperJet 100 at the air show, netted promised orders from Hungary's Malev for 30 jets worth up to $1 billion. But it was a commercial sleight of hand, since Malev was bought by Russian state-owned bank Vnesheconombank in a high-profile deal earlier this year.
The SuperJet 100, seen as key to Russia's attempts to revitalize its civilian aircraft industry, is designed to fly both regional and medium-haul routes. SuperJet International is a joint venture between Italy's Alenia Aeronautica and Russia's Sukhoi Civil Aircraft.
Canada's Bombardier announced it had won, confirmed or converted a total of 35 firm orders for its CRJ1000 NextGen jets by Spanish regional carrier Air Nostrum, in deals worth a total of $1.75 billion.
Boeing warned last week not to expect a flurry of orders. Its defense business is hoping to make up for lagging commercial sales — and weakening US military sales — through rising international exports.
Boeing Integrated Defense Systems (IDS) announced yesterday the launch of a 
                    [DatePublished] => 2009-06-16 03:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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abtest

GE lands $8 billion in orders at Paris air show

July 20, 2009 - 12:00am

With its unveiling of the fastest-selling large jet engine in GE history — the GEnx — and its strategic agreement with Mubadala Development Company, GE and its joint ventures, CFM and Engine...

Lifestyle Business

Boeing shut out of orders race at Paris Air Show

June 16, 2009 - 3:00am

LE BOURGET, France (AP) – Boeing didn't score a single jet order and its competitor Airbus didn't fare that much better on yesterday's opening day of the Paris Air Show, where the mood among the world's aviation...