Boeing stunned as Chinese airlines order 292 aircraft from Airbus
BI Desk || BusinessInsider
A representational photo of an Airbus aircraft. Photo: Collected
The decision to buy 292 A320 aircraft from Airbus by four Chinese airlines has come as a blow to Boeing, as deepening US-China tension tips the balance in the European manufacturer’s favour, reports Xinhua News Agency.
The airlines are Air China, China Southern Airlines, China Eastern Airlines and Shenzhen Airlines which have ordered to purchase the aircraft.
Meanwhile, US’s Boeing said it is disappointed that “geopolitical differences” continue to constrain US jets export to the world’s second-largest aviation market after the US.
Earlier in May, China Southern decided to scrap more than 100 of Boeing’s 737 MAX aircraft – the direct competitor to A320 – from its fleet plan, as the nation’s largest carrier cited “uncertainty over deliveries.”