Record orders continue at Farnborough Airshow

|By:, SA News Editor

Orders at the Farnborough Airshow have skyrocketed with Airbus (OTCPK:EADSY) and Boeing (NYSE:BA) announcing close to $100B of new plane deals.

Among the large orders for today is Qatar Airways' $19B purchase of 50 Boeing 777-9 X planes - with an included option for an additional 50 jets.

Aircraft leasing firms have also been making large-scale orders due to future growth predictions for the emerging markets in the Middle East and Asia.

Airbus is still leading Boeing with approximately $60B in orders and commitments, mostly due to its announcement of the all new A330neo.

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