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Orders galore for Boeing, Airbus



20th August, 2005: Aircraft manufacturing majors Boeing and Airbus bagged orders for 529 large airliners in the second quarter of the current fiscal.

This is a steep rise from from the 161 orders they bagged in the previous three-month period, according to figures compiled by Aerospace Industries Association, an industry trade body. Last year, the two aircraft manufacturers had bagged 633 orders for aircraft which had at least 100 seats, the AIA said.

AIA research director David Napier said the boom in the aviation industry, which began last year, has been accelerating. The AIA expects the boom to continue next year. The avitaion industry was hit in the aftermath of the 9/11 attacks. In the quarter ended June, Airbus bagged 150 and rival Boeing took 379.

It was in 2003 that the European aircraft maker recorded 305 deliveries against Boeing’s 281 tio overtake its US-based rival on that count.

The AIA figures projected that the US aerospace segment was set to record a sterling performance vis-à-vis orders, since 1992.

Orders worth $98.9 billion was placed in June. The projections by AIA said if the trend is any indication orders would touch $197.7 billion. In 2004, the industry saw orders worth $164.9 billion, according to AIA. 2000 was the best year in the refent years in terms of orders, netting $US166 billion.

AIA said shipments amounted to $83.5 billion in June and are projected to touch $US167 billion this year. Last year, the figure was $158 billion, though it was the best year on record since 1992.



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