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Airbus in talks to sell over 100 widebody jets to Chinese airlines, Bloomberg reports
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Airbus in talks to sell over 100 widebody jets to Chinese airlines, Bloomberg reports
Jun 4, 2024 2:07 AM

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.

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