French jet manufacturer Airbus SAS says China Aviation Supplies Holding Co (CAS) has agreed to buy 140 of its aircraft, according to a report from Caixin.
The sales agreement was signed by CAS Executive Vice President Sun Bo and Airbus CEO Tom Enders during a meeting with Chinese President Xi Jinping and German Chancellor Angela Merkel in Berlin.
The specific amount involved in the deal announced Wednesday was not disclosed. The latest purchase is worth over $22 billion at Airbus’ current average list prices, but buyers usually receive large discounts on bulk orders of aircraft.