Airbus Announces Largest Order In Aviation History

- Airbus Announces Largest Order In Aviation History



Jun 22, 2011

Airbus said today that it had received "the biggest order in aviation history" from low-cost Indian carrier IndiGo, mostly for its new fuel-efficient A320neo jets.

The airline ordered 150 A320neos, and 30 standard A320 single-aisle short and medium haul jets. Airbus has now seen 600 total orders for the A320neo since it began marketing the jet in December 2010.

The company says the plane is 15% more fuel efficient than the older model. A top salesman also said they might have more than 1,000 commitments for the A320neo jet by the time the Paris Air Show ends this weekend.

It's the largest order submitted to a single company in terms of the number of planes. The previous record order was by Central Aircraft Sales Corp. of China for 150 planes each from Airbus and archrival Boeing (NYSE:BA) in 2005.

Shares of Boeing are trading down 1.31% at $73.01.

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Boeing Partners with South Carolina Electric & Gas on Solar Units

Boeing Partners with South Carolina Electric & Gas on Solar Units



Apr 19, 2011

A new partnership for Boeing (BA) will enable the American multinational aerospace and defense corporation to operate as a 100% renewable energy site. Boeing said today that has entered into an energy partnership with South Carolina Electric & Gas. Under this arrangement, South Carolina Electric & Gas will install a solar generation system and dedicate the power from the system to the Boeing site. The solar generation system is comprised of thin-film solar laminate panels and will be installed on the new Boeing 787 Final Assembly building roof. The installation will be the largest in the Southeast by production capacity, and the sixth largest in the U.S., providing up to 2.6 megawatts of electrical power for the site. According to the company that's enough to power approximately 250 homes. Shares for Boeing are up 0.37% to $73.06.