Pentagon

FARNBOROUGH, England - Airbus says that General Electric's commercial aircraft leasing arm has signed a firm order for 60 single-aisle A320s worth $4.9 billion at list prices.

FARNBOROUGH, England - Boeing Co. and European arch rival Airbus racked up billions of dollars worth of aircraft sales at the Farnborough International Airshow on Monday, raising hopes that the aviation industry has touched the bottom of a deep two-year downturn.