European aviation giant Airbus has signed a deal to supply 70 jets, worth more than 10 billion dollars to China's state owned purchasing agency. The deal had been on hold because of a row between the European Union and outside countries over carbon emissions tax on flights. The breakthrough came during a state visit to France by the Chinese President, Xi Jinping.The order includes 27 long haul A330s and 43 smaller A320 planes. China also signed a new 10 year agreement allowing Airbus to continue building planes in the northern city of Tianjin until 2025.
News On AIR | March 27, 2014 10:39 AM
Xi visit to France clears Airbus deal to supply 70 jets to China