Two big companies have reportedly placed billion-dollar orders for Airbus planes.
Reuters reports Irish aircraft leasing company Avolon has ordered another 20 Airbus A320neo medium-haul aircraft. This comes after a previous commitment to buy 15 A320neo planes that was announced last July. Initial estimates for the order put the price tag at more than $1 billion.
Eturbonews.com reports Middle East Airlines-Air Liban has also inked a big deal with Airbus. The company has reportedly signed a firm contract for ten aircraft in the A320neo family.
In the coming months Airbus is expected to begin construction of a production facility at Brookley Field in Mobile.