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Airbus Inks $17B Plane Order With China

Airbus Inks $17B Plane Order With China

Airbus Inks $17B Plane Order With China

BEIJING/PARIS: On Friday, China made known the $17 billion in ongoing Airbus aircraft contracts. Experts claim that this action was meant to draw attention to Chancellor Olaf Scholz’s unexpected trip to China, which astounded both the European plane manufacturer and observers of China.

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According to China’s official purchasing agency CASC, 140 Airbus aircraft were acquired during Scholz’s one-day visit, including 132 members of the A320 family and eight A350 wide-body aircraft.

The business, which is based in the Netherlands, noted that the agreement signed on Friday covers 132 of its A320 aircraft and 8 of its A350 models.

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In the morning trade of the afternoon, shares of Airbus were up.

The announcement comes as Olaf Scholz, who was appointed German chancellor last year, is in Beijing for the first-ever meeting with Xi Jinping, president of China.

Aerospace

When Ratan Tata was denied entry to the airfield at the Aero India show, he waited

When Ratan Tata was denied entry to the airfield at the Aero India show, he waited

During our visit to Aero India 2019, we had the unexpected opportunity to see Ratan Tata at the event, which was a thrilling moment for us. However, there was a surprising hiccup when the security staff didn’t allow him to enter due to a lack of a security pass.

Despite this, he remained calm and patiently waited for about 20 minutes until a member of the Tata team brought him the required pass, after which he calmly proceeded inside. It was a humbling sight, showcasing his composed demeanor even in such situations.

Ratan Tata ji is not only a renowned industrialist but also a trained pilot, holding a pilot’s license. In 2007, he became the first Indian civilian to fly the F-16 Falcon during the Aero India show in Bangalore—a proud moment for the nation.

His passion for aviation extended beyond flying, as he played a key role in shaping India’s aerospace industry. Under his leadership, Tata ventured into manufacturing and maintaining aerospace components while upholding its legacy of quality. Notably, Tata’s collaboration with Airbus to develop and manufacture the C295 aircraft is a testament to its growing influence in the sector.

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