Airbus Closes In on $18 Billion China Deal Despite U.S. Spat
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China’s escalating trade war with the U.S. has revived prospects of an $18 billion jet order from Airbus SE, with a high-powered delegation from the European planemaker seeking to seal the sale during a visit to Beijing, according to people familiar with the matter.
The possible order for about 180 A320 Neo narrow-body planes, first touted in January, will be discussed during the trip involving Airbus Chief Executive Officer Tom Enders and commercial aircraft president Guillaume Faury, said the people, who asked not to be named as the talks aren’t public.