Japan’s largest commercial airline, Japan Airlines is going to buy 31 airplanes from the Toulouse, France-based Airbus, reports CBS News on Monday.
The purchase order placed by JAL is its first ever of Airbus aircraft. The airline firm also has an option to buy 25 additional airplanes by the Japan Airlines. The story by CBS News states that this large order “undermines Boeing’s long-held dominance of Japan’s aviation market.”
The aircraft will supplant the airline’s retiring Boeing 777 jets. While prices on big deals are generally discounted, some industry pundits speculate that JAL may be getting its planes at below cost to make inroads in a market previously dominated by Boeing.
Add this to the existing nightmares associated with the Boeing 787 Dreamliner aircraft, and it appears that Boeing is losing its swag in Asia.
....Airbus and Boeing have for years waged a no-holds-barred slugfest in markets around the world. This commercial battle has also spilled over into a years0 long legal fight at the World Trade Organization between the two plane makers over government subsidies or other forms of state aid.