airbus

Airbus secures $35b Chinese deal for 300 aircraft

March 29, 2019 8:27 pm
President Xi Jinping’s state visit to the French capital has won Airbus a $35 billion jet deal from China, dealing a blow to Boeing as it grapples with the grounding of its best-selling jet.The mammoth order consists of 290 A320-series narrow-body planes and 10 A350 wide-bodies, Toulouse-based Airbus said after the transaction was announced in Paris on Monday. The deal’s value is almost double that touted by French President Emmanuel Macron in January 2018 during a trip to Beijing.

The Airbus coup comes while Boeing’s own 737 Max narrow-body – the chief global rival to the A320 – has been

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