SMOC
16th January 2005, 00:18
Airbus close to A380 deal with China-newspaper
Sat Jan 15, 2005 05:52 PM ET
LONDON, Jan 15 (Reuters) - Airbus (EAD.PA: Quote, Profile, Research) is close to clinching two large orders for its Airbus A380 from China which could be worth about $3 billion, The Sunday Times reported, citing industry sources.
The newspaper said Airbus, the largest unit of European aerospace group EADS, was in talks with the Chinese government and Hong Kong's main carrier Cathay Pacific (0293.HK: Quote, Profile, Research) . The orders will be unveiled on Tuesday.
The Chinese government order, which is likely to be split between two airlines, Air China (0753.HK: Quote, Profile, Research) and China Southern (1055.HK: Quote, Profile, Research) (600029.SS: Quote, Profile, Research) (ZNH.N: Quote, Profile, Research) , will be for five aircraft and a similar number of options to buy more. Cathay's order could be the same size.
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh25798_2005-01-15_22-52-34_l15544871_newsml
Sat Jan 15, 2005 05:52 PM ET
LONDON, Jan 15 (Reuters) - Airbus (EAD.PA: Quote, Profile, Research) is close to clinching two large orders for its Airbus A380 from China which could be worth about $3 billion, The Sunday Times reported, citing industry sources.
The newspaper said Airbus, the largest unit of European aerospace group EADS, was in talks with the Chinese government and Hong Kong's main carrier Cathay Pacific (0293.HK: Quote, Profile, Research) . The orders will be unveiled on Tuesday.
The Chinese government order, which is likely to be split between two airlines, Air China (0753.HK: Quote, Profile, Research) and China Southern (1055.HK: Quote, Profile, Research) (600029.SS: Quote, Profile, Research) (ZNH.N: Quote, Profile, Research) , will be for five aircraft and a similar number of options to buy more. Cathay's order could be the same size.
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh25798_2005-01-15_22-52-34_l15544871_newsml