BA Boeing Co

   By Robert Wall and Jon Ostrower 
 

FARNBOROUGH, England--Airbus Group SE (AIR.FR) announced $35 billion in plane deals at the Farnborough Air Show this week, beating Boeing Co. (BA) which followed with $26.8 billion in airliner agreements struck.

Airbus and Boeing have been battling it out at the biennial aerospace extravaganza southwest of London.

The European planemaker exited the event with 380 net firm orders for the year, overtaking Boeing which had been ahead for most of the year. The U.S. rival ended the air show with 321 net orders.

Airbus has had a full-year target of at least 650 plane orders. Airbus chief operating officer for customers, John Leahy, said Thursday that the target was still attainable. Airbus said it booked 197 firm aircraft orders.

Those deals are worth $26.3 billion. It also secured commitments for another 82 planes, valued at $8.7 billion.

The biggest deal was budget carrier AirAsia Bhd (5099.KU), which bought 100 A321neo valued at more than $12 billion.

The order haul includes two Airbus A330 planes that International Consolidated Airlines Group SA (ICAGY) said it would buy for Aer Lingus.

Boeing said it would secure about 740 orders in 2016. The Chicago-based planemaker said it secured 20 firm orders at Farnborough valued at $3.3 billion at catalog prices, though airlines typically get discounts.

Boeing's largest order announcement was a $4.1 billion deal with China's Donghai Airlines for 25 737 Max 8 single-aisle planes and five 787-9 Dreamliners.

Write to Robert Wall at robert.wall@wsj.com and Jon Ostrower at jon.ostrower@wsj.com

(END) Dow Jones Newswires

July 14, 2016 07:58 ET (11:58 GMT)

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