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Chinese state aviation holding signs for 300 Airbus jets

Airbus has reached a general terms agreement covering the purchase of 300 aircraft by Chinese carriers.

The agreement with the China Aviation Supplies Holding Company was signed in Paris during a visit by Chinese president Xi Jinping.

Airbus says the agreement covers 290 A320-family jets – without a breakdown by variant – plus 10 A350s.

No specific recipient carriers have been identified by Airbus.

But the airframer says the agreement reflects “strong demand in all market segments” in China.

“Our expanding footprint in China demonstrates our lasting confidence in the Chinese market and our long-term commitment to China and our partners,” says chief executive Guillaume Faury.

Airbus puts the in-service fleet in China at around 1,730 aircraft with more than 1,450 of them from the A320 family.

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