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Airbus Wins 60-Plane China Order After EU Retreat on CO2 Charges

Airbus SAS won an order for 60 A320 planes from state-backed China Eastern Airlines Corp., less than two weeks after the European Union backed down in a dispute with the government in Beijing over jetliner-emission levies.

China Eastern received a “substantive” discount to the list price of $5.4 billion for the single-aisle planes, it said in a statement from Shanghai yesterday, adding that Toulouse, France-based Airbus also agreed to take 18 regional jets off its hands.