Airbus, Boeing Double Orders on Leasing Demand as Show Opens - Bloomberg

Airbus SAS and Boeing Co. announced 189 orders on the first day of the Farnborough Air Show, more than double the total from last year’s event, as leasing companies returned to the market after the recession.

Airbus won contracts yesterday for 122 planes worth $11.6 billion at list prices, while Boeing logged 67 orders valued at $7.5 billion. They had 69 and 9 respectively at the 2009 Paris Air Show, which alternates annually with Farnborough, England.

Leasing companies led by General Electric Co.’s GECAS unit accounted for 151 of the contracts, eclipsing the business done by airlines. The biggest airline order was from Emirates, which agreed to buy 12 Boeing 777-300ERs with a list price of $3.3 billion.