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Airbus wins US$23 million China order for 100 A320s and 40 A350s
AIRBUS has signed an agreement to sell 140 aircraft to China in a deal worth US$23 billion at list prices, Reuters reports.
Signed during a visit by Chinese President Xi Jinping on his visit to Germany, the deal calls for 100 A320s and 40 A350s, Airbus said.
"It's one of the biggest deals that we've signed in a long time," said Airbus CEO Tom Enders.
The planes will be purchased by state-owned China Aviation Supplies Holding Company, which will then allocate them to Chinese airlines.
The A320s will be a mixture of the older ceo and newer neo versions with revamped engines, while most of the A350s are for the -900 models.
The deal is flexible pending negotiations with the airlines. Mr Enders said he expected up to 50 per cent of the A320s family planes would come from the Airbus final assembly line in China.
Signed during a visit by Chinese President Xi Jinping on his visit to Germany, the deal calls for 100 A320s and 40 A350s, Airbus said.
"It's one of the biggest deals that we've signed in a long time," said Airbus CEO Tom Enders.
The planes will be purchased by state-owned China Aviation Supplies Holding Company, which will then allocate them to Chinese airlines.
The A320s will be a mixture of the older ceo and newer neo versions with revamped engines, while most of the A350s are for the -900 models.
The deal is flexible pending negotiations with the airlines. Mr Enders said he expected up to 50 per cent of the A320s family planes would come from the Airbus final assembly line in China.
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