Airbus announces orders worth over $40 billion at Farnborough Airshow

Airbus announced transactions covering 256 aircraft, valued at $40.5 billion at the 2008 Farnborough Air Show. These transactions include firm orders for 247 aircraft and nine commitments. This also reflects a strong aerospace market despite the global economic uncertainties.

The highlights of the show were two large orders from Middle Eastern carriers. DAE Capital, the aircraft leasing and finance division of Dubai Aerospace Enterprise (DAE) placed a 100 aircraft order valued at $12.6 billion, comprising the purchase of 30 Airbus A350-900 and 70 Airbus A320 aircraft. Meanwhile Etihad announced a 55 aircraft order comprising an additional 10 A380s, 20 A320s, and 25 A350 XWBs.

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