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China orders nearly 300 jets from Airbus for its airlines

By Shubhangi Mathur - Jul 02, 2022, 11:07 AM ET
Last Updated - Jun 07, 2024, 07:01 AM EDT
BA_building
China, which purchases planes on the behalf of the country’s airlines, ditched Boeing Co (NYSE: BA) and ordered jets from its rival

China ordered almost 300 jets from Airbus SE for three of its major airlines as travel demand soars after two years into the pandemic

• Delivery of the 292 new aircrafts will begin in 2023

China ordered almost 300 jets from Airbus SE for three of its major airlines as travel demand soars after two years into the pandemic.

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China, which purchases planes on the behalf of the country’s airlines, ditched Boeing Co (NYSE: BA) and ordered jets from its rival.

The three Chinese airlines that ordered jets from Airbus included China Southern Airlines Co. (NYSE: ZNH), Air China Ltd. and China Eastern Airlines Corp. (NYSE: CEA).

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