Article: New Zealand: UPDATE 1-Air New Zealand to replace Boeings with Airbus A320s.

Byline: kusumv03

Air New Zealand will buy 14 new Airbus (EAD.PA) planes at a cost of around $1 billion to replace its domestic fleet of Boeings (BA.N), the national carrier said on Tuesday.

The move follows what European planemaker Airbus called an "intensive and robust" face-off between the world's only makers of large passenger aircraft as airlines remain mired in recession.

Air New Zealand said it would buy 14 Airbus A320 single-aisle jets to replace its current fleet of 15 Boeing 737-300s. Both models are used for short to medium routes. The planes are worth $1.08 billion at list prices.

In France, Airbus said the planes would be ...

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