Airbus has entered into an agreement with China Aviation Supplies Holding Company (CAS) for 300 aircraft for tens of thousands of trillion on list prices.
Signed in Paris by Guillaume Faury, president of Airbus Commercial Aircraft and future Airbus CEO; and Jia Baojun, Chairman of the CAS, covers purchases for 290 A320neo family flights with an unresolved collapse and 10 A350 wide bodies.
The witness of the signing event was Chinese President Xi Jinping and French President Emmanuel Macron, as seen in the picture below.
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Airbus secures orders for 300 aircraft
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Airbus predicts that the Chinese aviation industry will need 7,400 new passengers between 2018 and 2037 and cargo aircraft representing 19% of the total worldwide demand during that period.
Reflecting on the order was Guillaume Faury, who stated the following:
"We are honored to support the growth of China's civil aviation with our leading flight families – single walk and width models. Our expanding footprint in China shows our continued confidence in the Chinese market and our long-term commitment to China and our partners. "
Airbus notes the A320 family, including neo has accumulated over 14,600 orders during its lifetime, making it one of the best-selling narrow-body aircraft ever.
Due to the anonymity of the A320neo order crash, it is unclear which of the two engine selections was chosen by Pratt and Whitney Geared Turbofan and CFM International LEAP.
The A350 is powered by the Rolls-Royce Trent XWB engine, which has flexibility in propulsion depending on the selected aircraft variant.