Airbus confirms order of almost 300 jets from China in deal worth billions

By Sean Galea-Pace
The aircraft manufacturer, Airbus, has announced an order of around 300 jets from China in a deal valued at billions of dollars, according to BBC News...

The aircraft manufacturer, Airbus, has announced an order of around 300 jets from China in a deal valued at billions of dollars, according to BBC News.

With an agreement to acquire 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 completed during Mr Xi’s trip to Europe.

In a statement, Airbus revealed 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.

SEE ALSO:

Although no official figure has been announced, there are reports that the figure is estimated to be worth approximately $34bn.

Airbus Commercial Aircraft President, Guillaume Faury, commented: “We are honoured to support the growth of China's civil aviation with our leading aircraft families - single-aisle and wide-bodies. Our expanding footprint in China demonstrate our lasting confidence in the Chinese market and our long-term commitment to China and our partners.”

Share

Featured Articles

Safeguard Global’s CTO Duri Chitayat on AI in Manufacturing

Duri Chitayat, CTO of Safeguard Global, discusses AI in manufacturing, driving innovation and transforming the sector with technology

ProGlove & topsystem Revolutionise Logistics Solutions

ProGlove & topsystem team up to elevate data capture in manufacturing. Pierre Mikaelsson, CPO at ProGlove, tells us more about innovations in automation

Car Manufacturers Urged to prioritise Inclusive Driving

Matthew Walker of ABC Mobility Group says car manufacturers must ensure disabled drivers’ independence is not compromised by new cybersecurity regulations

Digitising Supply Chains for Due Diligence & Trade

Procurement & Supply Chain

GTK: IoT, Sustainability & Touchscreen Tech in Manufacturing

AI & Automation

Jabil: Insights on Sustainable Manufacturing Progress Report

Sustainability & ESG