An Airbus A320. The manufacturer has secured significant orders from China for a make of this aircraft. Photograph: Brent Lewin/BloombergAirbus is to sell close to 300 aircraft to Chinese companies in a multibillion-dollar package of deals that will strengthen the European group’s foothold over US rival Boeing in the world’s second largest aviation market.
It also highlights Boeing’s problems in China since the two fatal crashes of 737 Max jets in October 2018 and March 2019. Boeing has also continued to grapple with a series of production issues as well as the fallout from the Max crashes, helping Airbus surge ahead of its rival with strong demand for its narrow-body jets.
China Southern’s Airbus deal follows its decision in May to remove more than 100 of the 737 Max jets from its fleet plans, citing uncertainty over deliveries. Deliveries of the jets ordered by the Chinese airlines on Friday will take place between 2023 and 2027, according to stock exchange filings.
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