Planemakers' order books bulge on Asia, Middle East demand

Airbus (AIR.PA) and Boeing (BA.N) opened the Paris air show with a flurry of multi-billion-dollar plane deals on Monday as demand from Middle Eastern and Asian airlines swelled their already bulging order books. Airbus signed up Saudi Arabian Airlines to be the launch customer of its new A330-300 Regional aircraft, with the carrier taking 20 of the planes as well as 30 A320neo jets in a deal worth about $8.2 billion at list prices. The European planemaker also said Garuda Indonesia (GIAA.JK) had signed a letter of intent to buy 30 A350 XWB jets, potentially worth around $9 billion.

Planemakers' order books bulge on Asia, Middle East demand source: http://finance.yahoo.com/news/planemakers-order-books-bulge-asia-104252084.html