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27 July


China to buy hundreds of Airbus jets

The price of the deal is 35 billion dollars

Photo: Reuters

/NOVOSTIVL/ Airbus secured a US$35 billion jet deal from China during a state visit by President Xi Jinping to the French capital, dealing a fresh blow to Boeing as it grapples with the grounding of its bestselling jet. This article appeared in the Bloomberg.

It was among 15 business contracts between China and France that were signed on Monday, including a €1 billion (US$1.1 billion) contract for EDF to build an offshore wind farm in China, the French presidency said

The mammoth Airbus order included 290 A320-series narrow-body planes and 10 A350 wide-bodies, French President Emmanuel Macron’s office said at a briefing. The latest A320 Neo model has a list price of US$110.6 million and the A350-900 sells for US$317.4 million before discounts.