China to place an order for 184 A320 narrow-body jets from Airbus: French President Emmanuel Macron

Although a formal deal is yet to be signed, Chinese President Xi Jinping has confirmed the placement of the order.

On Wednesday, French President Emmanuel Macron disclosed that the purchase of 184 A320 narrow-body jets from Airbus by China is set to be finalized soon.

He also highlighted France’s ambition to sell A350 and A380 jets to China in the coming weeks if not months.

The potential order for the A320 planes, which has not been previously made public, would be worth more than $18 billion at list prices.

“On the order for 184 A320s, it’s something that will be finalised shortly,” said Macron during his visit to China and added that Chinese President Xi Jinping has confirmed the placement of the order.

“And we also have ambitions on A350 and A380 mid-range and large carriers in the weeks or months to come,” said Macron.

As per an official from the French President’s office, the Airbus A320 jets are likely to be delivered in 2019 and 2020.

Although no deal has been signed, Macron stated that China has assured him that it would respect market-share parity between Airbus and its peer, Boeing.

Although China routinely splits large orders between the U.S. and Europe, the momentum in 2017 largely swung towards Boeing when it placed orders for 300 jets during the visit of U.S. President Donald Trump to China, last year.

In July 2017, China had placed an order for only 140 Airbus jets.

On Tuesday, Airbus signed a provisional deal to increase the number of A320 jets assembled in China’s Tianjin to six a month by 2020 from its present four.

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