Sources Say Airbus Order From China Contained Repeat Deals -Reuters
03 April 2019 - 4:13AM
Dow Jones News
--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)
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