Business

Airbus strikes deal with China amid Boeing crisis

March 27, 2019 12:28 pm

Boeing 737 Max [Source: Reuters]

As Boeing struggles with the 737 Max crisis, its big rival Airbus has announced a huge order from China.

The European planemaker says it has reached a deal to sell 300 passenger jets to Chinese airlines.

The agreement was signed during Chinese President Xi Jinping’s visit to France.

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The order covers 290 planes from the A320 family and 10 from the A350 line.

The company says the agreement shows strong demand from all areas of China’s rapidly expanding aviation market, including “domestic, low cost, regional and international long haul.”