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5/30/07

RTTNews -Airbus Signs MOU With Qatar Airways For 80 A350XWB Aircraft Worth euro 12 Bln

An artist depiction of the new A350 XWB with Ryan Air markings


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Airbus Signs MOU With Qatar Airways For 80 A350XWB Aircraft Worth euro 12 Bln

Toulouse, France based Airbus SAS; one of the leading global aircraft manufacturers, signed a memorandum of understanding with Qatar Airways for euro 12 billion order for 80 A350XWB aircraft. The largest ever order for A-350 is described as a shot in the arm for the European rival of Boeing Co. (BA), which has been ailing primarily due to production delays. The new mid-sized, long range, 300 seater is expected to come out in 2010 and will compete directly against Boeing's upcoming 787 Dreamliner. Deliveries for Qatar Airways are expected to start in 2013.

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