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IN BRIEF / AVIATION

Airbus gets $14.3 billion in new jetliner orders

October 27, 2006|From Bloomberg News

European plane maker Airbus won orders from China and a new U.S. airline worth $14.3 billion and said it would set up a plant in China to win a greater share of sales in the world's second-largest aviation market.

The factory in China will be Airbus' first final assembly plant outside Europe. The Chinese order is worth $10 billion at list prices for 150 of the A320s.

Airbus also won an order for 65 single-aisle A319 planes from Skybus Airlines Inc., a low-fare airline based in Columbus, Ohio, that plans to start service next year. At list prices, the purchase would be worth $4.3 billion.

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