June 23, 2021

China orders 300 aircraft to Airbus

China orders 300 aircraft to Airbus

The Chinese state aerospace consortium CASC has ordered 300 aircraft from the European aircraft manufacturer Airbus on Monday for the state visit of Chinese President Xi Jinping to France.

There are 290 A320 aircraft of medium capacity and range, and 10 A350 long-range aircraft, according to the European aeronautical consortium, which also includes Germany and Spain.

Although the total cost of the operation has not been communicated, by catalog price the order exceeds 32,000 million dollars (more than 28,000 million euros).

It is one of the main contracts signed during Xi's visit to France, where he met with his counterpart, Emmanuel Macron, who highlighted the "importance" of the bilateral relationship between the two countries.

The contract was signed in Paris by the president of the commercial aircraft division of Airbus, Guillaume Faury, next CEO of the group, and by the CASC, Jea Baojun, in the presence of Xi and Macron, who has ensured that the agreement It is "an important advance and an excellent example of the strength of the exchanges" with China.

The French president, who already received his Chinese counterpart this Sunday, in Nice, will hold on Tuesday a new meeting in the French capital with the president of the European Commission, Jean-Claude Juncker, and the German chancellor, Angela Merkel. During Xi's visit, other agreements were reached in the fields of electricity, construction and space exploration.

Airbus has high expectations in China, where it calculates that in the next 20 years 7,400 new aircraft will be needed, which represents 19% of the total world demand, which is estimated at 37,400 aircraft in that period. At present, Chinese companies already operate some 1,730 Airbus aircraft.


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