Paris Air Show: Airbus Beats Boeing

The world's biggest air show has started with a huge order for the Airbus superjumbo and deals for Boeing's troubled Dreamliner.

The two rivals announced a slew of orders at the Paris Air Show, where they traditionally battle for supremacy in the booming market for airliners.

But Airbus came out on top on day one with three times the order book compared to Boeing.

It secured at least £11.6bn in orders compared to £3.87bn for Boeing.

The aviation giants are fighting to get an edge in the market for long-haul wide-body planes at this year's show, which started north of Paris under black skies, thunder, lightning and torrential rain.

Airbus took centre stage with the big deals, including a mammoth provisional order for 20 A380 double-decker superjumbos.

The deal was with aircraft financing group Doric with a catalogue price of about £5bn.

The European manufacturer also said US aircraft leasing group ILFC had ordered an extra 50 of its new A320neo airliners - which are not yet in service - at a catalogue price of £3.18bn.

German airline Lufthansa said it had completed an order, announced in March, for 100 medium-range Airbus A320 aircraft, worth £8.5bn at list prices.

In addition to commercial aircraft, military sales are big in Paris

This took Airbus' total firms orders so far to £11.6bn. If the A380 deal is firmed up - as both companies said it would be - total orders come to £16.7bn.

The head of Boeing's commercial aviation division Ray Conner said the show was going to be a "great competition" and added that airlines would "benefit from the fact that both companies are going to have a good wide-body product line."

"I think we have the better products and at the end of the day, hopefully the better product wins," Mr Conner said ahead of the show.

On Monday, Boeing announced several orders for its next-generation 787 Dreamliner, its new 737 MAX and its existing long-haul 777 plane.

Japan's Skymark Airlines said it had put down firm orders for four 737 Max aircraft, becoming the first Japanese airline to set its sights on Boeing's new medium-haul plane, in a deal worth £255m at catalogue prices.

Leasing firm GECAS, meanwhile, ordered 10 787 Dreamliners worth £1.8bn at list prices, while Qatar Airways announced orders for nine 777s - two firm, and seven options, worth about the same amount.

Boeing and Airbus traditionally vie for the highest number of orders at the Paris Air Show.

However, deals are usually concluded at less than the list prices, depending on discounts and tough negotiations over made-to-measure features.

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