Economics
Airbus Wins First Order From Japan Air in Blow to Boeing
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Airbus SAS won a first-ever order from Japan Airlines Co., securing a deal for as many as 56 wide-body planes that signals its penetration of a key aviation market where Boeing Co. has enjoyed a near-monopoly for decades.
The European manufacturer won firm contracts for 18 A350-900 aircraft and 13 larger A350-1000s worth $9.5 billion at list prices, plus options for 25 more planes, Chief Executive Officer Fabrice Bregier said today at a press conference in Tokyo.