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Benzinga
Benzinga
Business
Akanksha Bakshi

Airbus Reveals Massive New Orders In China

Airbus NYSE EADSY Airbus SE Company
  • Airbus SE (OTC:EADSY) has won an order for 292 A320 Family aircraft from several Chinese airlines, indicating the positive recovery momentum and prosperous outlook for the Chinese aviation market.
  • The Chinese airlines involved are Air China, Ltd. (OTC:AICAF), China Eastern Airlines Corp. Ltd. (NYSE:CEA), China Southern Airlines Co. Ltd.(NYSE:ZNH), and Shenzhen Airlines.
  • These orders will enter the backlog after relevant criteria are met.
  • The total number of Airbus aircraft in service with Chinese operators was over 2,070 as of May 2022.
  • Price Action: EADSY shares traded higher by 3.52% at $24.88 on the last check Friday.
  • Photo Via Company
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