Paris Proving To Be Gold Mine for OEMs

 - June 20, 2007, 5:44 AM

The Paris Air Show, being held this week at Le Bourget Airport, is turning out to be a major event for both business jet and jetliner manufacturers. Cessna said this morning that it landed a major order from NetJets and NetJets Europe valued at more than $1 billion. The deal is for 96 Citations (50 Encore+s, 37 XLS+s and nine Citation Xs). Bombardier is in on the action with a firm order for six Learjets from UK-based Skytime. Dassault Falcon said it had entered into an agreement for twenty 2000LXs with Saudi Arabia’s National Air Service. Although business jet manufacturers are having a good show, Airbus and Boeing are booking orders almost too quickly to count. Airbus booked orders for more than 200 aircraft yesterday alone, while Boeing announced a deal with International Lease Finance for fifty 787s.