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10/29/15

European Aircraft Industry: China, Germany sign deal for A330 Airbus jets

China and Germany signed a deal on Thursday that will see Chinese airlines buy 30 A330 aeroplanes manufactured by Airbus Group.

The order, valued at 17 billion euros ($18.57 billion), was announced after Germany's Chancellor Angela Merkel met China's Premier Li Keqiang in Beijing.

Airbus is battling Boeing Co for dominance of the Chinese market, where Boeing estimates demand for new planes to reach $1 trillion over the next two decades.

China, Germany sign deal for A330 Airbus jets

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