Cebu to buy over two dozen Airbus jets: sources

Airbus is set to win a deal to sell jets worth around $4.5 billion at list price to Philippines airline Cebu Air after a face-off with rival Boeing, industry sources said. The deal involves 16 A330neo wide-body jets and around 10 of the newly launched A321XLR extended-range narrow-body aircraft, the sources said, asking not to be identified. Together with other aircraft and options the deal could involve as many as 40 aircraft, one of the sources added. Airbus declined comment. Cebu officials… (www.reuters.com) More...