Fairline Boats debuts new models at British show

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British boatbuilder Fairline Boats is hoping that the launch of two new luxury models will boost its fortunes.

Price tags of nearly $1.4 million were placed on the Squadron 60 and Targa 62 Gran Turismo, which were launched today at the PSP Southampton Boat Show in England

Fairline executives are hoping the boats will herald a new era of growth for the firm. Despite announcing an improved trading performance this year, Fairline has shed more than 150 jobs since January.

“Boat shows are key to our business, and we have had a positive start to the season,” Fairline Boats sales and marketing director James Robinson told Peterborough Today.

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The Targa 62 Gran Turismo will make its U.S. debut Oct. 25-29 at the Fort Lauderdale International Boat Show. Also on display will be the flagship Squadron 78 Custom, the Squadron 50, Squadron 65, Targa 38 Gran Turismo, Squadron 42 and the Targa 50 Gran Turismo.

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