China's CDB Plans $4.3 Billion Airbus A320neo Plane Order

  • Bank said to seek 40 new single-aisle jets: people familiar
  • Airbus already sold 100 jets to GE leasing arm at Paris Show
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China Development Bank is set to place an order valued at $4.3 billion for 40 of Airbus SE’s A320neo series of jets, according to people familiar with the plans.

The deal is likely to be announced at this week’s Paris Air Show, said the people, who asked not to be identified ahead of a formal release. CDB earlier on Monday revealed an orderBloomberg Terminal for 42 Boeing Co. 737 Max 8 planes, 10 of the newly launched Max 10 variant, and eight 787 wide-bodies.