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Airbus signs Qatar order for 80 A350 planes
POSTED: 8:44 a.m. EDT, May 31,2007

European planemaker Airbus (EAD.PA: Quote, Profile, Research signed a deal with Qatar Airways on Wednesday for 80 A350XWB aircraft with a total list price of $16 billion.

The order replaces a 2005 agreement for 60 planes.

A memorandum of understanding was signed at the Elysee palace in the presence of French President Nicolas Sarkozy and the Emir of Qatar, Sheikh Hamad bin Khalifa al-Thani.

The aircraft include 20 A350-800, 40 A350-900 and 20 A350-1000. Deliveries will begin from 2013.

"The A350XWB will equip Qatar Airways with the very latest generation and most modern fleet," Qatar Airways Chief Executive Officer Akbar al-Baker.

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