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Jul 11, 2012 7:50 AM by AP

Airbus secures $2.3 billion order at Farnborough

FARNBOROUGH, England (AP) - Airbus has scooped up the only firm order so far on Wednesday at the Farnborough Airshow, south of London.

The European aircraft manufacturer revealed that CIT Group's aerospace division has ordered 10 A330 aircraft, in a deal that has a list value of $2.3 billion.

Airbus also said Wednesday that China Aircraft Leasing Company, a fast growing Hong Kong based aircraft leasing company has committed to buy 36 current generation A320 aircraft, in a deal with a list value of $3.1 billion.

Boeing's announced Wednesday a commitment by Irish-based leasing company Avolon to purchase 10 737 MAX 8s and 5 737 MAX 9s, as well as 10 Next-Generation 737-800s. The commitment has a list-price value of $2.3 billion.

Companies rarely pay the full price when placing large orders.

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