Photographer: Balint Porneczi/Bloomberg

China Signs $17 Billion Deal to Buy 130 Airbus Planes

  • Deal steps up competition with Boeing to sell to China
  • China firms up options taken in June for A330 jetliners

China signed a deal to buy 130 planes from Airbus Group SE worth $17 billion, firming up purchase options announced earlier this year and intensifying the race to dominate what’s projected to become the world’s biggest aircraft market.

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