Boeing wins orders worth $5.4 bn for 17 747-8s

20th June 2011, Comments 0 comments

US aerospace giant Boeing said Monday it has won orders and commitments worth $5.4 billion for 17 of its upgraded 747-8 jumbo jets, direct competitor to Airbus' A380, from two unidentified clients.

Boeing, locked in fierce competition with Airbus, said the deals comprised orders for two of its 747-8 Intercontinentals plus commitments from a second customer for 15.

Boeing did not elaborate on the status of the commitment made on the plane.

The 17 planes are worth $5.4 billion at list prices.

"These orders for the 747-8 Intercontinental mark a major milestone for the program and demonstrate the market's need for an airplane of its size and range," Jim Albaugh, head of Boeing's commercial aircraft division, said in a statement.

Boeing said there are now 50 firm orders for the plane, a major upgrade of the venerable 747 jumbo which launched the era of mass travel some 40 years ago.

Earlier Monday, Boeing announced that it had won an order worth $1.7 billion for six 777-300 long-haul planes from Qatar Airways, which is also a key customer for Airbus.

© 2011 AFP

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