Airbus in talks to sell more than 100 widebody jets to Chinese airlines, reports Bloomberg, BA

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Airbus SE is negotiating a major sale of A330neo aircraft to China, with some of China’s biggest airlines considering buying more than 100 of the upgraded A330 models, Bloomberg News reported on Tuesday.

The terms are still being discussed and the timing is uncertain, the report said, citing people familiar with the matter.

Airbus declined to comment on the Bloomberg report, saying it does not comment on confidential conversations that may or may not take place with customers.

The details of the deal follow a meeting last month between Chinese President Xi Jinping and his French counterpart Emmanuel Macron.

Reuters reported in April that France-based Airbus was in preliminary talks over a potential major order with China, the world’s second-largest aviation market.
Airbus has previously said it expects Chinese traffic to grow 5.3 percent annually over the next 20 years, surpassing the global average of 3.6 percent. In April last year, the company agreed to build a second assembly line for its narrow-body A320neo family in the country during a state visit by Macron.

In the past, China has split plane purchases between Airbus and Boeing, but deals with the US aircraft maker have slowed significantly in recent years due to trade or political tensions.

  • Published on Jun 5, 2024 at 10:05 AM IST

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