Airbus strikes massive deal with China as Boeing battles its 737 Max crisis

Airbus strikes massive deal with China as Boeing battles its 737 Max crisis

European plane maker, Airbus, said Monday that it has reached a deal to sell 300 passenger jets to Chinese airlines. The agreement was signed during Chinese President Xi Jinping’s visit to France. The massive order comes as China was the first to ground the newest version of Boeing’s workhorse 737 model earlier this month.

Timothy
Timothy
Hannibal
Hannibal 1 year

It's nice to know that Europeans can be bought. First Italy, now France. I I suppose it was inevitable that the EU would have so much in common with communist China.

M.Twain
M.Twain 1 year

The Airbus first came out with a more efficient engine for its planes, Boeing was forced to rush a more efficient engine for its 737 in order to land big contracts. The rush to create a more efficient plane resulted in design flaws which cause the plane to nose up in certain conditions and stall. China has opted for the safer plane, and maybe just a little bit of leverage in an ongoing trade war. https://www.google.com/amp/s/www.forbes.com/sites/petercohan/2019/03/28/did-airbus-rivalry-drive-dangerous-tradeoffs-for-boeings-737-max/amp/

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