Airbus Wins Order From Ethiopian Airlines for 12 A350 Jets
Earlier in the day, Rolls-Royce said it reached nearly $2 billion worth of deals to sell aircraft engines that will power new Airbus jetliners for Air China and Ethiopian.
The African carrier’s order for the Trent XWB engines that will be used on its new A350s is worth $480 million, Rolls-Royce said.
The Air China order covers Trent 700 engines to power 20 A330 aircraft being delivered starting in 2011. Rolls-Royce says that particular deal is worth $1.5 billion at list prices.
Ethiopian’s order was the first major aircraft purchase at this year’s Dubai Airshow, which began Sunday.
Plane makers and airlines entered this year’s event with low expectations in light of the economic meltdown, which has eroded demand for air travel and left carriers strapped for cash.
Two years ago, the last Dubai Airshow was marked by a record-breaking order that totaled $155 billion. The figure spotlighted the Middle East as an important growing source of business for aerospace and defense manufacturers.