Airbus seals deal during Singapore Airshow for 20 A380s
Emirates Airbus A380 arrives at Toronto's Pearson International Airport. (Tom Podolec / CTV News)
The Associated Press
Published Wednesday, February 12, 2014 7:45AM EST
SINGAPORE -- Airbus announced its second major aircraft order of the Singapore Airshow with a deal Wednesday to deliver 20 of its superjumbo A380s to leasing company Amedeo.
The 20 planes are worth about $8.3 billion but list prices are often discounted for big buyers.
The order is a boost for the European plane maker because A380 sales have fallen short of expectations.
Amedeo CEO Mark Lapidus said the A380s will be delivered between 2016 and 2020.
A day earlier, low cost carrier VietJetAir signed a deal to buy more than 90 Airbus A320 jets worth about $9.1 billion at sticker prices.