Photo: APParis/Shanghai: Airbus may secure an order worth $4 billion for some 42 narrow-body jets from Shanghai-based Bank of Communications Financial Leasing, industry sources said on Tuesday. The order could be announced as early as Wednesday when the European planemaker discloses its 2016 commercial results at an annual news conference. Its finance chief has predicted more than 670 deliveries in 2016 and at least as many new orders. In addition to the potential Chinese leasing order, industry sources said Airbus is expected to finalise an order for 72 jets from India’s GoAir and may post an order worth $6.4 billion for over 60 jets from Saudi carrier Flynas. Boeing said last week it delivered 748 aircraft in 2016 and posted 668 net orders, down 13% from the year before.

Source: Mint January 11, 2017 05:21 UTC