China to order about 100 Airbus A320s
PARIS (AFX) - China will sign a contract for about 100 Airbus A320 jets on Monday in an order worth about seven bln usd, a source close to the sales negotiations told Agence France-Presse. Airbus officials said earlier that visiting Chinese Prime Minister Wen Jiabao would meet his French counterpart Dominique de Villepin and then announce the aircraft orders at a joint news conference. The Airbus A320 is a medium-range, single-aisle twin-engine jet capable of carrying up to about 180 passengers, and is still the European company's most popular aircraft after 17 years on the market. Officials said the exact number of planes ordered by China would be announced at the news conference. Airbus estimates total potential sales in China over the next 20 years at 1,600 planes, some of which could be assembled locally under an agreement for increased cooperation signed at Airbus headquarters in Toulouse on Sunday. The number of passengers transported in China last year climbed by 16 percent to 122 mln, twice the pace of the global market.
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