Spanish travel group in EUR5bn order for 73 Airbus

11th October 2007, Comments 0 comments

11 October 2007, MADRID -(AFP) - Spanish travel group Marsans has placed an order worth 7.0 billion dollars (almost 5.0 billion euros) for 73 Airbus aircraft, including four A380s, the world's largest passenger plane, Marsans said Thursday.

11 October 2007

MADRID -(AFP) - Spanish travel group Marsans has placed an order worth 7.0 billion dollars (almost 5.0 billion euros) for 73 Airbus aircraft, including four A380s, the world's largest passenger plane, Marsans said Thursday.

Marsans owns Aerolineas Argentinas and the Madrid-based Air Comet.

A company spokesman said the firm order comprised four A380s, 10 A350s, 42 A320s, five A330s, plus 12 A330s previously ordered in December 2006. The planes will be operational between 2008 and 2014.

Sources close the company had earlier said the order comprised 72 planes, not 73.

The deal, signed Thursday in Madrid, is part of "Marsans' expansion plan in the Latin American and Spanish markets," the spokesman told AFP.

A spokesman for Airbus in France declined to confirm the information.

Marsans is currently seeking to buy Spain's second largest airline, Spanair, from Scandinavian travel group SAS.

It hopes to link Spanair with its two existing carriers to form a global operator.

Spanair has flights to destinations in Spain, North Africa and Central Europe, while the Aerolineas Argentinas and Air Comet operate long distance routes.

Spanair, a member of the Star Alliance group of airlines, currently operates a fleet of 65 lanes and employs more than 3,600 people.

The A380, which and can carry between 555 and more than 800 passengers, has been plagued by production problems.

But it has already received 165 firm orders and eight commitments to purchase from 14 customers.

The first A380 is scheduled to be delivered to Singapore Airlines on October 15.

Earlier Thursday, shares in European aerospace manufacturer EADS, the parent company of Airbus, rose on the Paris Bourse after its rival Boeing announced delays in deliveries of its 787 Dreamliner jets, the competitor to the A380.

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Subject: Spanish news

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