Geopolitical dynamics played a visible role in a major aircraft deal announced at the Paris Air Show, where Airbus (OTCPK:EADSF) (OTCPK:EADSY) secured a major order from Poland's LOT Polish Airlines and displaced longtime supplier Embraer (NYSE:ERJ) in the process,

European aeroplane manufacturer Airbus announced Saudi and Polish orders for more than 100 aircraft at the Paris Air Show on Monday while US rival Boeing f

Airbus sealed a landmark order for 40 A220 jets from Polish national carrier LOT on Monday, marking the airline’s largest-ever investment and signalling a broader reset in political ties between Poland and France.

The new order will expand the fleets of both All Nippon Airways (ANA) and its low-cost subsidiary Peach Aviation. ANA will receive 14 of the A321neo aircraft, while Peach Aviation will take delivery of 10 A321neo and all three A321XLR jets, making Peach the first Japanese airline to operate the XLR variant.

Boeing and Airbus project more than 40,000 new jets are needed. EVERETT — Both Boeing and its European competitor, Airbus, agree on one thing: commercial jets will be in great demand over the next few decades. For that reason, each manufacturer projected more than 42,000 planes will be needed through 2044.

Saudi leasing company AviLease placed a firm order for 30 Airbus single-aisle jets and 10 A350 freighters in its first direct deal with the European planemaker, as Saudi Arabia's aviation ambitions kicked off the Paris Airshow on Monday.

AviLease, a startup aircraft lessor in Saudi Arabia, is entering the air cargo market with an order for 10 large Airbus A350 cargo jets. Airbus announced the deal at the Paris Air Show on Monday. The deal brings total Airbus orders for the next-generation A350 freighter to 73.

Airbus SE has been sounding out customers appetite for a longer version of its A220-300 jet that would give airlines more seating capacity but at the expense of range.

European aeroplane manufacturer Airbus announced Saudi and Polish orders for more than 100 aircraft at the Paris Air Show on Monday while US rival Boeing focused on “supporting customers” after the Air India crash.