China Orders 101 Airbuses in $15.8 Billion Deal Over Boeing Rivalry
On Wednesday March 26 at approximately 4 PM, Chinese carrier China Eastern announced a landmark order for 101 Airbus A320neo aircraft valued at $US$5.8 billion to be delivered between late and early . This massive deal represents the latest in a series of significant orders from European manufacturers that have been secured by major Asian airlines over recent months as part of broader trade agreements signed during state visits last month, with Germany's leader notably signaling prior support for such purchases while Western governments sought similar economic ties.
Key Points
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1China Eastern has signed a major order for 101 Airbus A320neo aircraft valued at approximately US$15.8 billion.
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2The delivery schedule is set between the years of 2028 and 2032, marking one of Europe's largest aviation orders in recent history.
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3This deal represents a significant victory for Airbus against Boeing following China Eastern previously favoring competitors like Embraer on similar routes.
Developments
China Eastern Airlines ordered 101 new A320neo aircraft from Airbus for a list price of $15.8 billion between December and March (delivered starting in late January). The deal includes significant discounts, is subject to shareholder approval by the end this year or early next month, with deliveries scheduled through February-March over several years after 2034-early-mid-year delivery start dates confirmed later than initially stated.