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11/27/07

the Economic Times: Airbus to sell 160 jets to China for $14.8 bn

For the complete report from The Economic Times click on this link

Airbus to sell 160 jets to China for $14.8 bn

Airbus said it signed contracts Monday to sell 160 passenger jets worth around US$14.8 billion (euro10 billion) to China in a deal that stands to push the Eureopean plane maker past archrival Boeing in total commercial aircraft orders this year. Planes ordered include 110 of the company's A320 jets and 50 of the slightly larger A330 planes, Airbus officials said in Beijing, where they were accompanying French President Nicolas Sarkozy on his first state visit to the Asian trading giant.

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