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Airbus sells 140 planes worth $23 billion to China in one of its major deal

Agreement signed by Xi Jinping is for 100 A320, 40 A350 planes

Reuters  |  Berlin 

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. The agreement, signed during a visit by Chinese President Xi Jinping to Germany, is for 100 A320 family aircraft and 40 A350 planes, Airbus said. "It's one of the biggest deals that we've signed in a long time," Airbus Group Chief Executive Tom Enders told journalists after signing the deal in Berlin. The planes will be purchased by state-owned China Aviation Supplies Holding Company, which will then allocate them to Chinese ...

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First Published: Thu, July 06 2017. 05:14 IST