Author: Tronserve admin
Tuesday 3rd August 2021 08:25 AM
Airbus Confirms Order of Almost 300 Jets from China In Deal Worth Billions
The aircraft manufacturer, Airbus, has revealed an order of around 300 jets from China in a deal valued at billions of dollars, according to BBC News.
With an agreement to obtain the A320 and A350 XWB aircrafts signed following a visit by Chinese President, Xi Jinping, trip to Paris, the order is thought to be a package of deals finished during Mr Xi’s trip to Europe. In a statement, Airbus introduced that the deal with China Aviation Supplies Holding Company will cover the purchase of the company’s aircraft which include 290 A320 planes and ten A350 XWB jets.
Although no formal figure has been launched, there are reports that the figure is calculated to be worth about $34bn. Airbus Commercial Aircraft President, Guillaume Faury, commented: “We are honoured to support the improvement of China's civil aviation with our leading aircraft families - single-aisle and wide-bodies. Our extending footprint in China show our lasting confidence in the Chinese market and our long-term commitment to China and our partners.”
This article is originally posted on Manufacturingglobal.com