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Airbus aircraft manufacturer has something to celebrate. The concern received an order for $ 23 billion

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Airbus aircraft manufacturer has something to celebrate. The concern received an order for $ 23 billion
July 06
09:00 2017

It became known that the French aircraft giant Airbus had received an order for the delivery of 140 aircrafts. The order price is estimated at nearly 23 billion US dollars. The Chinese Corporation China Aviation Supplies Holding Co., which belongs to the state, acted as such a large customer. As part of the order, Airbus will produce 140 aircrafts. The mid-range models A320 and A350 will rise in the Chinese sky.
The agreement was signed during the official visit of the President of the People’s Republic of China Xi Jinping to Germany.
It is supposed that the airline China Aviation will receive the ordered aircrafts within six years. The statement of Airbus CEO Tom Enders is quoted as saying that at present China is a priority market for any aircraft manufacturer.
It is possible that this order will not end the cooperation of the French aircraft manufacturer and the Chinese state corporation. At least it became known about the negotiations regarding the supply of aircrafts A380 (the largest passenger liners in the world at the moment).
Experts expect that in 6-7 years, China will be the world’s first air market, overtaking the USA.
This news has positively affected the quotations of Airbus. A trend for the growth will continue.

The material was prepared with the participation of  Andrey Majorov,
a leading analyst of the brokerage company CT Trade

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