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Current DateTime: 09:32:59 02 Aug 2009
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Ethiopian Airlines aims to buy 12 Airbus A350 XWBs
By: The Associated Press | 29 Jul 2009 | 07:00 AM ET
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PARIS - Airbus says Ethiopian Airlines has signed a memorandum of understanding to buy 12 of its Airbus A350 XWB aircraft.

The A350-900s have an average list price of $241 million, giving the deal an estimated potential value of $2.9 billion.

The commitment is not yet a firm order for the plane. The A350 is Airbus' future long-haul, medium capacity rival to Boeing Co.'s planned 787.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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