Airbus rises on report that Chinese airlines may order hundreds of planes from Boeing's arch rival
Briefly

Airbus shares increased by over 3% after Bloomberg revealed that Chinese airlines are contemplating orders for hundreds of aircraft. Reports suggest the deal may include 200 to 500 planes and could materialize next month with European leaders visiting China. The context of increasing trade tensions between the US and China due to tariffs makes this situation more complex, providing a potential advantage to Airbus over Boeing and China's Comac. Analysts indicate that this could further consolidate Airbus's position in the market as China is projected to be the largest aviation market by 2043.
Airbus shares rose more than 3% on Wednesday after a report that Chinese airlines are considering ordering hundreds of planes from the European firm.
In April, China returned some Boeing planes that were waiting to be officially delivered, signalling a potential win for Airbus amidst rising trade tensions.
Read at Business Insider
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