Airbus and China Aviation Supplies (CAS) have signed a General Terms Agreement (GTA) covering the purchase by Chinese airlines of a total of 300 Airbus aircraft.
GTA comprises of 290 A320 Family aircraft and 10 A350 XWB Family
aircraft, reflecting the strong demand in all market segments
including domestic, low cost, regional and international long haul
from Chinese carriers.
The GTA was signed in Paris, France by Guillaume Faury, President
of Airbus Commercial Aircraft and future Airbus CEO; and Jia
Baojun, Chairman of CAS; in the presence of visiting Chinese
President Xi Jinping and French President Emmanuel Macron.
“We are honoured to support the growth
of China’s civil aviation with our leading aircraft families –
single-aisle and widebodies,” said Guillaume Faury, President of
Airbus Commercial Aircraft and future Airbus CEO. “Our expanding
footprint in China demonstrate our lasting confidence in the
Chinese market and our long-term commitment to China and our
According to Airbus’ latest China Market Forecast
2018 to 2037, China will need some 7,400 new passenger and
freighters aircraft in the next 20 years. It represents more than
19% of the world total demand for over 37,400 new aircraft.
By the end of January 2019, the in-service Airbus fleet with
Chinese operators totaled some 1,730 aircraft, of which 1,455 are
A320 Family, and 17 are A350 XWB Family planes.
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