Airbus predicts huge increase in demand for big aircraft
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LONDON Airbus predicted Wednesday that an average of 830 new passenger aircraft would be built each year for the next two decades, and that the new Airbus jumbo A380 will be so successful that Boeing will be forced to develop a competitor.
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The European aircraft manufacturer Airbus hopes to win 20 new orders from at least two new airlines for its A380 superjumbo this year, its commercial director has said.
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Airbus fired the first shots at the Paris Air Show on Monday, a vital battleground for the European plane maker and its US rival Boeing, with news of big orders from Middle Eastern clients.
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European Aeronautic, Defense &amp; Space Co., Europe&#39;s largest aerospace company, more than tripled third- quarter net income and raised its 2004 earnings forecast because Airbus delivered more planes and the space unit posted a profit.
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Airbus's newly unveiled A380 superjumbo will bring unprecedented pleasures and amenities to long-haul passengers who will start boarding the planes from next year.
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PARIS -- Airbus, which has delivered more airplanes than Boeing for the second year in a row, is about to unveil another number one: the world's largest passenger jet.
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Aviation authorities were set  on Tuesday to declare Airbus's mammoth new A380 aircraft safe  for commercial flight, capping six years of development for the  world's largest airliner, which has been hit by production  delays.
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Boeing predicts that demand for smaller aircraft over the next 20 years will increase its sales.
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Airbus is designing an aircraft to compete with Boeing Co.'s planned 7E7 wide-body jetliner that would carry more passengers and fly further than the U.S. plane, the Wall Street Journal reported on Tuesday, citing people familiar with the plans.
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European aircraft manufacturer Airbus has sharply raised its estimate of worldwide demand for airliners over the next 20 years but acknowledged that its share of the market had shrunk in 2006.
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Airbus plans to increase production of its A320 family of airliners as the company bets on strong demand for its smaller planes to take the sting out of costly delays to its A380 superjumbo jet. An Airbus spokesman, Justin Dubon, confirmed the plans, reported by The Wall Street Journal. The company, based in Toulouse, would produce 32 of the single-aisle planes each month starting in January, instead of the 30 produced currently. Production will increase further, to 34 planes a month in March 2008 and to 36 by December that year. Before the increase was decided, the first delivery windows available to new customers were in 2010, Mr. Dubon said. Faster production will open up new slots well before that date.
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Airbus SAS, the world&#39;s biggest aircraft maker, plans to source more parts for its planes from China and to set up an engineering base there, the head of the company&#39;s operations in the country said.
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TOULOUSE, France  - Airbus showed off its giant A380, a double-decked behemoth that could revolutionize long-haul flying, at a lavish ceremony Tuesday with European leaders gathered for the first official look at the world's largest passenger plane.
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Airbus put its stamp on aviation history Tuesday, unveiling the world's largest commercial jet and raising the stakes in its 35-year rivalry with Boeing Co.
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Planemaker Airbus said on Wednesday it expected demand for 16,600 passenger planes over the next 20 years, including a sharp rise
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The announcement escalates the fierce global rivalry between Airbus and Boeing in the rapidly growing Indian market.
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Airbus and Boeing will still dominate the market for large passenger aircraft 10 years from now despite the ambitions of Russia and China in this area, an Airbus executive said on Thursday.