Global MarketsJuly 17 at 05:26 AM

Air China to introduce 15 Airbus (AIR FP) A350-900, and Shenzhen Air to acquire 40 Airbus A320-NEO; combine value reportedly around USD 12.4bln

StockNow breaking-news AI analysis

Airbus secured a $12.4B deal from Air China and Shenzhen Air, further strengthening its dominant market share in China against Boeing amid aggressive fleet modernization by state-owned carriers.

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