Airbus hopes to get orders from Chinese carriers in coming months as the economic recovery spurs demand for travel. "We are hopeful of some orders before the end of the year," said John Leahy, the company’s chief operating officer. The Toulouse, France-based company currently controls more than 40% of the aviation sector in China. It has just confirmed a contract from Cathay Pacific, Hong Kong’s biggest carrier, for 30 Airbus A350-900 planes worth US$7.82 billion at list prices that are, of course, heavily discounted. French newspaper La Tribune said on September 13 Airbus may announce an order for at least 150 aircraft when Chinese President Hu Jintao visits France in November. "I think the French media occasionally get a little bit ahead of themselves," Bloomberg reported Leahy as saying in Hong Kong,
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