China Signs Deal To Buy 140 Aircraft From Airbus

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Beijing: Europe’s largest aerospace company Airbus SE has signed an agreement to supply 140 aircraft to China and wide-body jets worth $22.8 billion at list prices. There are also talks to buy more A-380 super jumbos.

The agreement to buy planes was signed during a visit by Chinese President Xi Jinping to Germany. The planes will be purchased by State-owned China Aviation Supplies Holding Company, which will then allocate the planes to Chinese airlines.

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Airbus group CEO Tom Enders said, “The group was also in talks with the Chinese over the A-380 super jumbo, which has suffered slow sales”. “It won’t happen overnight. It has to be intensively discussed,” China Daily quoted Enders as saying

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