Transportation
Airbus Extends China Winning Streak with $21.4 Billion Order
An aircraft produced for China Southern Airlines Co. at the Airbus manufacturing plant for passenger jets in Tianjin, China.
Photographer: Qilai Shen/BloombergAirbus SE secured a major order from China Southern Airlines Co. and one of its subsidiaries for A320neo short-haul aircraft, extending the planemaker’s winning streak in the world’s second-largest aviation market.
The deal is for 102 aircraft that will go to China Southern and 35 aircraft for its Xiamen Airlines Co. division, according to a filing on Wednesday, valued at $21.4 billion, though customers typically get steep discounts for large orders.