Airbus received an order from Chinese company for 140 aircraft worth $23 billion

Moscow. July 6. INTERFAX.RU European aircraft manufacturer Airbus has signed an agreement with the Chinese state Corporation China Aviation Supplies Holding Co., providing for the delivery of 140 aircraft A320 and A350 jets with a total value of $22.8 billion at catalog prices. Under the agreement, signed during a visit to Germany President XI Jinping, Airbus will deliver to China of 100 A320 aircraft and 40 aircraft A350.

China Aviation will distribute the aircraft between airlines for five or six years, the statement said Airbus. “China is one of the most important aviation markets currently,” said chief Executive officer of Airbus Tom Enders.

He noted that the parties continue negotiations, discussing the conditions of supply in China aircraft A380, the world’s largest passenger aircraft. Airbus estimates the demand for these aircraft in the region of 100 pieces, added Enders.

According to experts, China could overtake the US and become largest world market by 2024. The main competitor Airbus – the American aviation concern Boeing estimates the demand in the PRC for the period until 2035 at the level of 6,810 thousand. The demand for air travel in China, according to Boeing, will increase on average by 6.1% per year over the next two decades.