FACTBOX - Orders announced at Farnborough

Thu Jul 17, 2008 12:23pm BST
 
Email | Print | | Single Page
[-] Text [+]

FARNBOROUGH (Reuters) - Farnborough Airshow has been quieter than past events as record high fuel prices, tight credit and slowing economies have squeezed airlines and hurt ticket demand.

Following are orders that have been announced at the show:

THURSDAY:

** Synergy Aerospace signed a contract for 10 Airbus (EAD.PA) A350-800 planes, in a deal worth over $2 billion (1 billion pounds) at list prices and firming up a Memorandum of Understanding signed in February. Synergy is the main shareholder of Avianca and SAM in Colombia, Oceanair in Brazil and VIP in Ecuador.

** Alis Aerolinee Italiane signed a memorandum of understanding for five Airbus A330-200 freighter aircraft, plus three options.

WEDNESDAY:

** Korea's Asiana Airlines Inc (020560.KS) orders 30 Airbus A350 XWB planes, with options on another 10, in a deal worth at least $7 billion at list prices. Delivery of the aircraft will begin in 2016.

** Malaysia Airlines said it ordered 35 Boeing (BA.N) 737-800 single-aisle planes in a deal worth $2.6 billion.

** Aviation Capital Group said it was 15 Boeing 737 planes in a $934 million deal.  Continued...

 
A dealer works on the trading floor shortly after the U.S. markets opened, at CMC Markets in London October 3, 2008. REUTERS/Toby Melville
Hormones make best traders

Scientists say a perfect combination of testosterone, experience and a hunger for a share of profits can produce financial traders who consistently outperform.  Full Article | Related Story 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos