Sky’s the limit for Airbus (OTC:EADSF). China has agreed to buy a total of 300 passenger jets from the European aircraft maker. The news spells disaster for US rival Boeing (NYSE:BA), which is already dealing with controversy surrounding its 737 Max jets.
China Signs Multimillion Dollar Deal with AirbusChina’s order comes in from Beijing and is for 290 A320 jets along with 10 A350 XWB jets. According to Airbus, there is a “strong demand” in the Chinese aviation market. This has led to a need for more commercial airliners.
Airbus has not revealed ...
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