Boeing's Deal with Japan Is Victory in Airbus Rivalry

Summary

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A day after European aircraft maker Airbus SAS landed its first 10 orders for the A350, a wide-body plane that will compete directly with Boeing Co.'s new 7E7 Dreamliner passenger jet, its U.S. rival delivered a rapid counterpunch by selling 30 7E7s.

Analysts said the $4 billion deal reached Wednesday between Boeing and Japan Airlines Corp., Asia's largest carrier in revenue terms, represents an important, though modest victory for Boeing in its mounting trans-Atlantic rivalry.

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Extract

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Boeing's Deal with Japan Is Victory in Airbus Rivalry

But refusing to cede even the slightest public relations edge, Airbus announced later on Wednesday that a new Kuwaiti airline, Jazeera Airways, had ordered four Airbus A320s, narr...

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