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EADSY Airbus SE (PK)

41.59
0.49 (1.19%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Airbus SE (PK) USOTC:EADSY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.49 1.19% 41.59 41.52 41.86 41.72 41.3901 41.72 115,219 21:22:28

Airbus Inks $17 Billion Aircraft Deal With Chinese State-Backed Company -- Update

04/11/2022 10:49am

Dow Jones News


Airbus (PK) (USOTC:EADSY)
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By Clarence Leong and Mauro Orru

 

A Chinese state-backed company will purchase 140 aircraft from European plane manufacturer Airbus SE in a $17 billion deal inked Friday during German Chancellor Olaf Scholz's one-day visit to China.

China Aviation Supplies Holding Co., which is run by the state-owned Assets Supervision and Administration Commission of the State Council, will purchase 132 A320 and eight A350 aircraft from Airbus, it said in a statement.

An Airbus spokesman said the framework agreement announced Friday covers pre-existing commitments by Chinese customers for its commercial aircraft.

 

Write to Clarence Leong at clarence.leong@wsj.com and Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

November 04, 2022 06:34 ET (10:34 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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