FABULOUS ORDER OF AIRBUS BY CHINA

"It's a contract of a very important dimension. This is a strong sign of long-term trust from our Chinese partners, "said Faury after the signing, welcoming" the confidence that is renewed today ".

On Wednesday, March 26, 2019, China signed an agreement with Airbus for ten A350 XWB and 290 A320neo aircraft for unspecified airlines.

On March 25, 2019, Airbus and China Aviation Supplies Holding Company (CAS) signed a General Terms Agreement (GTA) for the acquisition of a total of 300 aircraft valued at $ 35 billion at list price.

A larger GTA than the one announced by Emmanuel Macron in January 2018 (184 A320), which followed the one of July 2017 (100 A320 and 40 A350).

Airbus says the order "reflects the strong demand from Chinese companies in all segments of the market, including domestic, low-cost, regional and international long-haul flights," said Airbus in its statement.

Is it the fact of mistrust vis-à-vis the Boeing 737 MAX after after the double accident of Lion Air and Ethiopian Airlines?

Or a consequence of the economic policy of Trump vis-à-vis China that hurts Boeing and benefits Airbus?

The operators of the aircraft in question are not specified by China. At the end of January, its fleet included some 1730 Airbus aircraft, including 1455 A320 family aircraft and 17 A350 XWB family aircraft.

However, we do not know the delivery schedule. It is to be hoped that the two-to-three-year order will be implemented quickly to justify the ramp-up of the assembly lines in Toulouse, Hamburg and Tianjin, near Beijing.

European industry would then be the big winner, especially since the Chinese Airbus factory, created in 2008 in Tianjin, will be able to assemble only a relatively small part of the aircraft.

Whatever the case may be, China needs some 7,400 passenger and new cargo aircraft over the next 20 years, nearly 20% of all global demand, which amounts to more than 37,400 new aircraft.

"It's an honor for us to support the growth of Chinese civil aviation through our single-aisle and wide-body families," said Guillaume Faury, President of Airbus Commercial Aircraft on Monday.

Paul Emison for DayNewsWorld