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Airbus deal with China worth $23 bln

Wednesday, July 05, 2017 - 00:47

Airbus has signed an agreement to sell 140 aircraft to China, it said on Wednesday, in a deal worth almost $23 billion at list prices. Laura Frykberg reports.

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It's one of the biggest business deals in a long time for Airbus. The aircraft manufacturer is selling 140 of its planes to China. Including its A320 and A350 aircraft.. a deal worth almost 23 billion dollars. The planes will be bought by a state-owned aviation company..And then allocated to Chinese airlines. It's the first major news from Airbus since the company's restructure.. And merge of its parent company and its dominant planemaking arm. More deals could also be on the way.. China is said to be interested in Airbus's A380 superjumbo.. That would be a welcome boost to the company's new jet airliner... Which has recently seen sales stall.

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Airbus deal with China worth $23 bln

Wednesday, July 05, 2017 - 00:47