Qatar to buy A380, A320neo aircraft

LE BOURGET: Qatar Airways is set to buy five Airbus A380 superjumbo aircraft and 50 of the planemaker's revamped A320neo-family planes at the Paris Air Show, an industry source told Reuters on Wednesday.

"The deal will be announced by lunchtime," the person said.

The five A380s would be worth $1.9 billion at list prices. The A320neo aircraft would be worth $4.6 billion.

Copyright Reuters, 2011