Japan Airlines orders 31 Airbus A350s for $9.5 bnhttps://indianexpress.com/article/news-archive/web/japan-airlines-orders-31-airbus-a350s-for-9-5-bn/

Japan Airlines orders 31 Airbus A350s for $9.5 bn

Japan Airlines is to buy 31 A350 planes from the European aircraft manufacturer.

Airbus secured its first-ever order from Japan Airlines on Monday,in a deal that undermines Boeing’s long-held dominance of Japan’s aviation market.

Japan Airlines is to buy 31 A350 planes from the European aircraft manufacturer. The purchase has a list value of 950 billion yen ($9.5 billion) and marks a big change in policy as Boeing had been JAL’s major supplier for decades. JAL also has an option to buy 25 more Airbus planes.

No official price was given,but airlines usually get discounts on the list price when making big orders. Some analysts even think that JAL may be getting the planes at below cost as Airbus looks to make inroads in a part of the world that has been primarily Boeing’s domain for decades.