This computer rendering released Wednesday by Airbus shows an A350 XWB in Qatar Airways livery.
MICHEL EULER/Associated Press
French President Nicolas Sarkozy, left, welcomes Qatari Emir Sheikh Hamad bin Khalifa Al Thani on Wednesday at the Elysee Palace in Paris. Qatar Airways signed a contract Wednesday to buy 80 Airbus A350 jets worth $16 billion.
Qatar Airways extended a much-needed boost to ailing European jet-maker Airbus by signing a contract to buy 80 Airbus A350 jets.
Airbus, poised to fall behind U.S. rival Boeing Co. in orders for the first time in six years, must be wishing 2006 was already history.
The Boeing Co. is in no rush to make wholesale changes to its popular 777 to meet any competitive threat from Airbus and its A350, a Boeing executive says. Until recently, Airbus had...