China's ICBC firms up order for 80 Airbus jets - sources

FILE PHOTO: A general view in a new A320 production line at the Airbus plant in Hamburg, Germany, June 14, 2018. REUTERS/Fabian Bimmer - Copyright FABIAN BIMMER(Reuters)

By Reuters

Published on 07/01/2019 - 14:34•Updated 11/05/2024 - 05:20

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PARIS (Reuters) - China's ICBC Financial Leasing has firmed up an order for 80 Airbus <AIR.PA> A320-family jets worth $8.8 billion (£6.9 billion) at list prices, industry sources said on Monday.

The move is part of a buying spree from Asian lessors in the final hours of 2018 as Japanese-owned SMBC Aviation reached agreement for some 65 Airbus jets and Hong Kong-based China Aircraft Leasing (CALC) ordered 50 737 MAX from Boeing <BA.N>.