Financial Times FT.com

Airbus seals $1.6bn deal with General Electric

By Kevin Allison in New York and Sharlene Goff in London

Published: June 14 2005 14:38 | Last updated: June 15 2005 12:42

Airbus made up more ground in its battle with Boeing for new aircraft sales as it said on Wednesday that it had won an order for 10 of the planned A350 jets from General Electric’s aircraft unit, in a deal worth $1.6bn.

The European aerospace group had been trailing its US rival in new orders this year. On Tuesday Boeing secured three orders for new planes worth a combined $6.8bn at the Le Bourget Air Show in Paris.

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