--A large order from China for Airbus planes announced last month contains approval for deals that haven't been finalized and also counts deals already announced, Reuters reported Tuesday, citing "two people familiar with the matter."

--The deal for 300 planes was announced during a state visit by China's President, Xi Jinping, to France.

--The duplicate orders included in the announcement, as well as the announcement of deals not year made, lowers the overall value of the deal, the report said.

 

Full story: https://www.reuters.com/article/us-airbus-china-exclusive/exclusive-chinas-huge-airbus-order-padded-by-old-or-incomplete-deals-sources-idUSKCN1RE1B8

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

April 02, 2019 12:58 ET (16:58 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.