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Saturday, 14 January 2017

Airbus versus Boeing: Iran deals the difference in plane battle | Reuters

Airbus versus Boeing: Iran deals the difference in plane battle | Reuters:

"Over the past two decades, planemakers Airbus (AIR.PA) and Boeing (BA.N) have traded the crown in the annual orders race, and it was usually clear who had bragging rights in the fiercely competitive $120 billion annual jet market.

On Wednesday, Airbus retained the top spot when it said it had recorded a total of 731 net orders for 2016, beating Boeing's tally of 668 for the year released a week ago.

Standing out as the unusual kingmaker between the two Western giants is Iran, emerging from decades of sanctions to place billions of dollars of new orders. Because of fragile demand elsewhere, its comeback carries unusual weight."



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