Economics
Airbus Racks Up More Orders Over Stricken Boeing
- XLR scores net deals for 132 planes totaling $18.7 billion
- American, Indigo are latest to purchase long-range narrow-body
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Airbus SE muscled its way to the front again on the third day of the Paris Air Show, adding orders for its newest plane 24 hours after U.S. rival Boeing Co. stole the spotlight with a mega-deal for the grounded 737 Max.
The new A321XLR now has eight customers lined up after American Airlines Group Inc. signed on, bringing overall orders to 206 for the narrow-body jet, which can fly farther than the Max and connect destinations that weren’t previously cost-effective. The world’s largest carrier is taking 50 of the planes, tying Indigo Partners LLC for the biggest order.