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AEROSPACE
Airbus wins aircraft orders potentially worth $5.4 bn
by Staff Writers
Farnborough, United Kingdom (AFP) July 11, 2012


European aircraft maker Airbus on Wednesday announced deals for its planes worth up to $5.4 billion (4.4 billion euros).

Airbus said at the Farnborough airshow that it had won a firm order from US leasing company CIT for 10 of its long-haul A330 planes worth $2.3 billion at list prices.

"When a leading leasing company like CIT, places a repeat order for our aircraft, we take that as a strong sign of customer satisfaction," said Airbus chief executive Fabrice Bregier.

Airbus added that Hong Kong-based China Aircraft Leasing Company had committed to buy 36 of its A320 single-aisle planes together worth $3.1 billion.

"This is an important milestone for CALC," said the Chinese group's chief executive Mike Poon.

"We have a long-term commitment to the aviation industry and are very pleased to establish a relationship with Airbus."

The deal includes a commitment to buy eight A321s, the largest member of the A320 family, but none of the manufacturer's future A320neos.

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