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Airbus Trumps Boeing With $21 Billion in Farnborough Orders

7/15/14 2:00 PM EDT
It is day two of the Farnborough Air Show and jetmakers are raking it in. But some have been winners more than others. Airbus Group has a lead over Boeing after receiving a string of orders which totaled a record $21 billion. Of those announced, SMBC Aviation filed a major order for 115 A320 aircraft, worth around $11.8 billion, an order for 43 A320 aircraft from BOC Aviation, a subsidiary of Bank of China, and deals from leasing companies Air Lease Corporation and IAG for a combined 105 aircraft. Boeing could hit back though. The company is reportedly close to inking $9.2 billion in deals. TheStreet's Keris Lahiff reports from New York.
Stocks in this video: BA
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