Airbus has reached a 35,000 million USD deal with China



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Airbus got an agreement $ 35,000 million in China during a state visit from the president Xi Jinping to the French capital, which means a new blow to Boeing while he's facing the ban on his best-selling aircraft.

The gigantic order includes 290 aircraft of the A320 series and 10 A350, announced Tuesday the office of the French president Emmanuel Macron. The latest A320neo model is priced at 110.6 million USD and the A350-900 sells for 317.4 million USD before applying discounts.

The Boeing 737 Max, main rival of the A320, remains inactive after two accidents in five months. The American aircraft manufacturer must also to deal with the consequences of the trade war between China and the United States which generated a drop in sales to the Asian giant.

The important agreement for Airbus, based in Toulouse, France, has been published for the first time by Macron in January 2018 during a trip to Beijing, during which a transaction of 18 000 million US dollars was discussed. However, a concrete offer did not materialize despite a second visit by the French State in June and another delegation of senior Airbus executives in September.

The agreement announced in Paris will include both the Neo and Clbadic versions or the CEO of the company A319, A320 and A321, although most will be A320neos and A321neosaccording to the officials. Normally, China asks for big planes and then allocates them to its airlines.

The Asian giant has become the most important market for Airbus and Boeing, as its middle clbad is increasing demand for travel. While the US company's order prospects were complicated by the trade dispute, Airbus strengthened its position with an offer to develop a production line in Tianjin.

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