China to buy 300 Airbus planes in huge blow to Boeing.
China Aviation Supplies Holding Company , a Chinese leasing company, will buy a total of 300 Airbus aircraft, the companies announced on Monday during Chinese President Xi Jinping visit with French President Emmanuel Macron. Underscoring the political significance of the deal, both leaders were present at the signing of the agreement.
Boeing 737 airplanes are pictured on the tarmac at the Boeing Renton Factory in Renton, Washington, March 12, 2019.China's aerospace market is integral to both aircraft manufacturers, and Boeing aircraft offered key leverage to President Donald Trump in the trade dispute with China until the crash of Ethiopian Airlines Boeing 737 Max 8 plane on Mar. 10 and the subsequent grounding of those jets around the world.
An Airbus A350 XWB aircraft, manufactured by Airbus SAS, performs an aerial display during the Dubai Airshow on Nov. 9, 2015, in Dubai.
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