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10/26/06

Xinhua - China, Airbus sign deal for 170 Airbus planes


For the complete report from Xinhua click on this link

China, Airbus sign deal for 170 Airbus planes

BEIJING, Oct. 26 (Xinhua) -- China and European Aircraft giant Airbus Thursday signed a framework agreement and a letter of intent for 150 Airbus A320 aircrafts and 20 Airbus A350 airplanes. The agreement and letter of intent were signed by Airbus President and CEO Louis Gallois and Li Hai, general manager of the China Aviation Supplies Import and Export Group Corp. It represents the largest deal in the history of the Chinese aviation industry.

Chinese President Hu Jintao and visiting French President Jacques Chirac attended the signing ceremony at the Great Hall of the People.

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