Categories
Brief Transport & Logistics

China orders 300 jets from Airbus

Airbus signed a deal worth $30 billion to sell 300 aircraft to China, coinciding with a visit to Europe by Chinese President Xi Jinping, said Reuters.

The deal between Airbus and China’s state buying agency, China Aviation Supplies Holding Company, will include 290 A320-family jets and 10 A350 wide-body jets.

“The conclusion of a big aviation contract … is an important step forward and an excellent signal in the current context,” French President Emmanuel Macron said in a joint address with his Chinese counterpart Xi Jinping.

The Airbus order follows China’s concerns of purchasing Boeing’s 737 MAX jets, a proposal in US-China trade talks, after the fatal Ethiopian Airlines crash.

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading