On Monday the aircraft manufacture company Airbus announced their first deal with the Japanese national carrier JAL. The Japanese company ordered 31 planes from the new A350 manufactured by Airbus. The deal was not pleasant news for Airbus biggest competitor Boeing, who is producing the Dreamliner B787. That is because the A350 is a similar aircraft to the B787 except that the A350 uses 25% less fuel then previous generation wide-bodied aircrafts.

The deal also came as a treat to Boeing since it backed Airbus plans to continue expanding its sales in the Asian market, which is the most popular market for aircrafts in the world and it is most likely to stay that way in the future fifteen to twenty years. However due to the size of the Asian market, Boeing is still strongly continuing its sales despite the technological problems that the B787 Dreamliner has experienced in the beginning of the year.

Eli’s Blog: https://blogs.ubc.ca/elisei/2013/10/07/airbus-and-japan-airlines-agree-on-historic-9-5bn-deal/

BBC Article: http://www.bbc.co.uk/news/business-24424873