Boeing overshadowed by Airbus billions

Boeing announced yesterday that it has received a $650 million order for 10 737-800s, whilst its European rival, Airbus, has secured $4.16 billion in orders from two separate airlines.

Boeing announced yesterday that it has received an order for 10 737-800s whilst its European rival, Airbus, has secured $4.16 billion in orders from two separate airlines.

Flugleidir Icelandair Group has placed an order for 10 Boeing Next-Generation 737-800 airplanes plus five purchase rights. The value of the 10 firm aircraft is $650 million at list prices.

The Flugleidir Icelandair Group, Icelandair’s parent company, will lease the airplanes to other carriers as part of its strategy to grow its business outside Iceland. Boeing will begin delivering the airplanes early next year.

China Airlines and Northwest Airlines announced separately that they have placed orders with Airbus for a total of 28 A330 aircraft.

China Airlines has ordered 20 A330-200 aircraft worth $2.86 billion. The transaction is, however, subject to approval by the Chinese government.

The new aircraft will principally serve routes to destinations in Europe, Australia, North America and domestic destinations. Air China expects to take delivery of the aircraft from mid 2006 to the end of 2008.

Northwest Airlines announced yesterday that it has ordered eight additional Airbus A330 wide-body aircraft for an estimated $1.3 billion. The order includes six -300 series, and two of the longer-range -200 series aircraft.

The aircraft, which will fly international routes, have been ordered to replace for Northwest’s DC10-30 fleet.

Northwest said in a statement that the A330 offers the airline significant maintenance savings and up to 30 percent in fuel savings over its current DC10-30 aircraft.