Airbus shares rose on Tuesday after the European planemaker won a deal worth ten...
Air China's new aircraft Airbus A350 receives a water cannon salute after its maiden flight from Beijing to Shanghai, at Hongqiao international Airport in Shanghai, China August 14, 2018. Yin Liqin/CNS via REUTERS
PARIS - Airbus shares rose on Tuesday after the European planemaker won a deal worth tens of billions of dollars to sell 300 aircraft to China. Airbus was up 1.9 percent in early session trading. French officials said the deal was worth some 30 billion euros at catalog prices. Planemakers usually grant significant discounts.
The Chinese order was announced late on Monday, coinciding with a visit to Europe by Chinese President Xi Jinping and matching a China record held by U.S. rival Boeing.
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