TOULOUSE based airbus signed deal to sell 300 airliners worth US$37 billion to four Chinese airlines in a move that gained much ground over Seattle-based Boeing in China's vast air market, reports Bloomberg.
China Eastern Airlines will buy 100 A320neo narrow-body jets, while Air China will take 64 jets, with its Shenzhen Airlines subsidiary acquiring 32 more, according to separate company filings Friday. China Southern Airlines said earlier it would buy 96 A320neos, as well as leasing additional planes.
China, the world's most populous nation, is a key market for Airbus and Boeing, and both have worked to boost their presence there. The orders come at a time of rising political tensions between the US and China.
The announcements represent China's first major jetliner orders in about three years. Boeing has historically counted China Southern as its biggest customer in the country. The airline in May removed more than 100 of the US firm's 737 Max jets from its near-term fleet plans, citing uncertainty over deliveries.
The China Southern aircraft will be delivered from 2024 to 2027, according to a stock exchange filing Friday. The carrier will separately lease 19 A320neos. Deliveries to Air China will span 2023 to 2027 and those to Shenzhen Airlines 2024 to 2026.
China Southern previously outlined plans to rapidly expand its 737 Max fleet, saying in in March that 39 were due this year, building toward a total of 103 deliveries through 2024.
Since the Max groundings, Airbus has surged ahead of Boeing in grabbing orders and market share for narrowbody jets, even as the European planemaker struggles with ramping up production to meet surging demand.
SeaNews Turkey
China Eastern Airlines will buy 100 A320neo narrow-body jets, while Air China will take 64 jets, with its Shenzhen Airlines subsidiary acquiring 32 more, according to separate company filings Friday. China Southern Airlines said earlier it would buy 96 A320neos, as well as leasing additional planes.
China, the world's most populous nation, is a key market for Airbus and Boeing, and both have worked to boost their presence there. The orders come at a time of rising political tensions between the US and China.
The announcements represent China's first major jetliner orders in about three years. Boeing has historically counted China Southern as its biggest customer in the country. The airline in May removed more than 100 of the US firm's 737 Max jets from its near-term fleet plans, citing uncertainty over deliveries.
The China Southern aircraft will be delivered from 2024 to 2027, according to a stock exchange filing Friday. The carrier will separately lease 19 A320neos. Deliveries to Air China will span 2023 to 2027 and those to Shenzhen Airlines 2024 to 2026.
China Southern previously outlined plans to rapidly expand its 737 Max fleet, saying in in March that 39 were due this year, building toward a total of 103 deliveries through 2024.
Since the Max groundings, Airbus has surged ahead of Boeing in grabbing orders and market share for narrowbody jets, even as the European planemaker struggles with ramping up production to meet surging demand.
SeaNews Turkey