Airbus Jumps Ahead in Paris While Boeing Flounders

  • European titan turns tables with $13 billion-to-nothing lead
  • Muilenburg reaffirms confidence in 737 Max, potential NMA
Airbus CEO Faury Sees 'Lots of Orders' at Paris Air Show
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Airbus SE cleaned up on the first day of the 2019 Paris Air Show, locking in $13 billion in orders for new jets to zero for Boeing Co., and introducing a long-range narrow-body meant to deflate enthusiasm for its U.S. rival’s potential new midsize jet.

The Monday haul for Airbus featured major orders from Air Lease Corp., the influential U.S. leasing company, which agreed to buy planes worth $11 billion before customary discounts, including the new A321XLR. Virgin Atlantic Airways Ltd. bought eight A330 wide-bodies with options for six more.