Skip to main content

Airbus-China contract for 184 A320 jets to be finalised soon: Macron

French President Emmanuel Macron attends a news conference at the French Embassy in Beijing, China, January 10, 2018. REUTERS
French President Emmanuel Macron said a contract with China for 184 Airbus A320 narrow-body jets would be finalised soon and that his country also had ambitions to sell A350 and A380 planes to China in coming weeks or months. The potential A320 order, which had not been previously announced, would be worth more than $18 billion at list prices, a Reuters report said on Wednesday.
“On the order for 184 A320s, it’s something that will be finalised shortly,” Macron said during his state visit to China, adding it was confirmed to him by Chinese President Xi Jinping. “And we also have ambitions on A350 and A380 mid-range and large carriers in the weeks or months to come,” Macron said.
The A320s would be delivered in 2019 and 2020, a French presidency official said on condition of anonymity. Ahead of Macron’s trip, sources had told Reuters that Airbus was in talks about an order for 100 or more jets. New jet orders have historically featured during such tours by French leaders. While no deal has been finalised over the current official visit, Macron said China had assured him it would respect market-share parity between Airbus and Boeing.
China regularly splits large orders between Europe and the United States to cope with its fast-expanding airline traffic, but the momentum has recently been with rival Boeing, which sold 300 jets during a visit by U.S. President Donald Trump last year. China, however, placed a large order for 140 Airbus jets during a visit to Germany by Xi last July.
Airbus signed a provisional deal on Tuesday to boost the number of A320 family jets assembled in Tianjin to six a month by 2020 from four at present. Airbus declined to comment on Wednesday.



Comments

Post a Comment

Popular posts from this blog

Meryl Streep wants to trademark her own name

Meryl Streep has won three Oscars, three Emmys and six Golden Globes during her 40-year long career on stage, screen and television. (Photo by Joel C Ryan/Invision/AP, File) Meryl Streep, the most celebrated actress of her generation, has filed an application to trademark her name. The application was filed with US Patent and Trademark Office on January 22, records show. It requests that the name Meryl Streep be trademarked for “entertainment services,” movie appearances, speaking engagements and autographs. Streep, 68, last week extended her record to 21 Academy Award nominations, this time for her role in “The Post.” She has won three Oscars, three Emmys and six Golden Globes during her 40-year long career on stage, screen and television. It is not clear why Streep would file a trademark application at this stage in her career and her attorney and publicist did not return a request for comment on Monday. Many celebrities trademark their names or catch phrases to pro...
Post a Comment
Read more

Beijing’s struggle against pollution will be tough, take time: Mayor

Beijing’s battle against air pollution will take time and be very tough to win despite recent improvements, the acting mayor of China’s capital said on Wednesday. The city has been fighting to clean its notoriously smoggy air through steps such as pushing households and factories to switch away from coal to cleaner fuels like natural gas. “Further improvement in air quality (will be) extremely difficult,” acting mayor of Beijing, Chen Jining, said in a statement released during the city’s congress meeting. The central government’s intense focus on air quality means many local officials’ careers are linked to the success of efforts to tackle smog, making it unusual to speak candidly about the challenges of meeting tough targets. Beijing has chalked up a short-term success by cutting the annual average level of breathable particulate matter (PM 2.5) to 58 micrograms per cubic metre in 2017, beating a target set by the State Council in 2012. However, the city is still some way f...
Post a Comment
Read more

Under fire, Steve Bannon backs off explosive comments about Donald Trump’s son

Bannon, ousted from the White House in August, was quoted in “Fire and Fury: Inside the Trump White House,” by journalist Michael Wolff, as saying a June 2016 meeting with a group of Russians attended by Donald Trump Jr. and his father’s top campaign officials was “treasonous” and “unpatriotic.” (Photo: Reuters) President Donald Trump’s former strategist Steve Bannon on Sunday backed away from derogatory comments ascribed to him about Trump’s son in a new book that sparked White House outrage and could threaten Bannon’s influence as a would-be conservative power broker. Bannon, ousted from the White House in August, was quoted in “Fire and Fury: Inside the Trump White House,” by journalist Michael Wolff, as saying a June 2016 meeting with a group of Russians attended by Donald Trump Jr. and his father’s top campaign officials was “treasonous” and “unpatriotic.” The president responded by saying Bannon had lost his mind, and the White House suggested the hard-right news site...
Post a Comment
Read more