Jump to content

Chinese company to buy 102 Airbus planes


News_Editor

Recommended Posts

Chinese company to buy 102 Airbus planes

2010-11-05 11:31:46 GMT+7 (ICT)

PARIS (BNO NEWS) -- China Aviation Supplies Holding Company (CAS) on Friday signed with Airbus for a total of 102 aircraft of which 66 are new orders, Airbus said in a statement.

No financial terms were disclosed, but Airbus said the new orders comprise 50 A320 family aircraft, six A330s and ten A350 XWBs.

The agreement was signed by Li Hai, President of CAS and Tom Enders, President and CEO of Airbus at the Elysée Palace in Paris, in the presence of visiting Chinese President Hu Jintao, French President Nicolas Sarkozy, UK Minister for Industry Mark Prisk and Louis Gallois, CEO of EADS.

"We feel privileged that China continues to choose Airbus aircraft for the further development of its fleet. The order for Airbus' eco-efficient aircraft underlines China's ambition to grow sustainably," said Enders.

According to Airbus, by the end of October 2010, the company's aircraft in service fleet in China has risen to 637 aircraft representing 43 percent of the total. China has ordered by end of October in total 738 aircraft directly from Airbus.

Boeing on Wednesday projected that China will require 4,330 new commercial airplanes valued at $480 billion over the next 20 years, tripling its airplane fleet size, making it the largest airplane market outside of the U.S.

tvn.png

-- © BNO News All rights reserved 2010-11-05

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...