Airbus SAS reached its goal of 500 orders for its new A320 neo aircraft at the end of the second day of the Paris Air Show. Airbus has now put the pressure on its competitor Boeing Co. to build a new aircraft with in the coming years.
JetBlue Airways Corp. ordered 40 A320neos, while Boeing won 15 737 contracts form Norwegian Air Shuttle and 10 from Malaysian Airline System. The more Fuel efficient A320 is dominating the single-aisle market, the biggest part of the civil airframe business. The San Francisco Chronicle notes, "Boeing has maintained that it won't be rushed by Airbus into a decision, and that a choice between new engines and a redesigned plane will come only at the end of the year. Airbus markets the A320neo as 15 percent more fuel efficient than a factory-fresh version of the jet on sale today. The new variant goes on sale at the end of 2015 and has two new engine choices. To read more on the Paris Air Show click here.