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Latest Business News

Boeing Scores With Dreamliner Order

Tuesday, June 19, 2007 12:06:23 PM
By JANE WARDELL

LE BOURGET, France (AP) - Boeing Co. scored a major coup Tuesday, announcing that the original launch customer for its rival Airbus' planned A350 had signed up for another 50 of its own flagship 787 Dreamliners.

Airbus has been fighting to win back support for its entry in the lucrative market for medium-sized long-range jets where it is up against the Dreamliner since it was forced into a redesign of the A350 by unhappy customers.

The most vocal of those was Stephen Udvar-Hazy, chief executive of Los Angeles-based International Lease Finance Corp., the world's largest airline leasing company. IFLC's deal with Boeing, announced at the Paris Air Show in Le Bourget, north of the French capital, makes the company the biggest customer for the 787 with 74 firm orders.


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