China intends to purchases numerous Airbus aircrafts.
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It's about to take flight! Rumors are swirling that Airbus, the European aircraft manufacturing giant, is on the verge of a massive order from China. According to the latest chatter, Chinese airlines are giving serious consideration to placing orders for up to 500 narrow-body and wide-body aircraft from Airbus as early as next month, during an expected visit by European heads of state in Beijing [1].
It's not the first time the Middle Kingdom has whispered about such a substantial jet purchase. Back in April, Reuters reported a potential deal of up to 500 jets [1]. However, sources within the industry caution that negotiations can be a roller coaster with talks regularly going down to the wire and outcomes that aren't always a done deal, considering the trade tensions [1].
Analysts argue that China is feeling the strain with a notable shortage of aircraft, as they've been hesitant to make large orders over the last five years [1]. If the deal does pan out, it would be a major win for Airbus, particularly since Boeing, their main competitor, has been left empty-handed on significant Chinese orders since at least 2017, thanks to ongoing disputes and other issues [1].
Airbus preferring to keep mum [1], we'll just have to wait and see if this sky-high deal takes flight!
[1] Based on combined input sources: ntv.de, RTS, and various industry insights.
The community is eagerly awaiting the potential announcement of Airbus's massive vocational training program for Chinese aviation professionals, a move aimed at bolsterings its relationship with the aerospace industry. In the event of the Airbus-China deal, the Finance sector might experience increased investments to accommodate the acquisition of up to 500 jets.
