June 4 (Reuters) - Airbus SE is negotiating a
major sale of A330neo aircraft to China, with some of the
largest Chinese airlines considering buying more than 100 of the
upgraded A330 models, Bloomberg News reported on Tuesday.
The terms are still being discussed and the timing is
uncertain, the report said, citing people familiar with the
matter.
Airbus declined to respond to the Bloomberg report and said
that it does not comment on confidential discussions that may or
may not be taking place with customers.
The details of the deal come on the heels of a meeting
between Chinese President Xi Jinping and his French counterpart,
Emmanuel Macron, last month.
Reuters reported in April that France-based Airbus was in
preliminary talks over a potentially major order with China, the
world's second-largest aviation market.
Airbus has previously said it expects China's traffic to
grow by 5.3% annually over the next two decades, outstripping a
global average of 3.6%.
In April last year, the company agreed to build a second
assembly line for its A320neo narrow-body family in the country
during a state visit by Macron.
In the past, China has tended to split jet purchases between
Airbus and Boeing ( BA ) but deals with the U.S. planemaker have
slowed significantly in recent years amid trade or political
tensions.