Airbus Confirms 100 aircraft order worth $11.5 Billion

Airbus SE firmed up an order for 100 single-aisle aircraft from Avolon, the aircraft-leasing company owned by China’s HNA Group Co. The deal, worth $11.5 billion before discounts, seals an outline accord unveiled at the Farnborough Air Show in July, the Irish lessor said in a statement Friday. Aircraft orders typically come in stages, and aren’t counted against order totals until finally signed off. The announcement provides a late boost for Airbus’s 2018 tally after it had struggled to finalize… (www.bloomberg.com) More...