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Aircraft manufacturer Airbus has received two orders from China for dozens of
aircraft totaling $8.2 billion (approximately 7 billion Euro). With the orders
from two Chinese airlines, the European aircraft manufacturer is increasing
its market share in the world's second-largest economy. Boeing has been dry of
sales to China since 2017.
 
Juneyao Air plans to purchase 25 A320 aircraft worth $4.1 billion, according
to a document filed Monday. Spring Airlines announced that the airline intends
to buy 30 aircraft of the same type, also for $4.1 billion.
 
Rival Boeing has not received a major order from China since at least 2017.
The American aircraft manufacturer has been affected this year by trade
tensions between the United States and China. In April, China banned the
delivery of Boeing aircraft to Chinese airlines. A month later, insiders told
Bloomberg that China had lifted the ban.
 
Airbus is producing aircraft at a rapid pace in the final days of this year,
Bloomberg reported Monday, citing sources. The aircraft manufacturer is trying
to meet its recently lowered 2025 delivery target. Airbus is now targeting
approximately 790 aircraft, thirty fewer than its previous target. To meet the
new target, Airbus must deliver 133 aircraft this month, nearly double the
November deliveries.
 
The target was lowered after problems with its best-selling A320 aircraft. A
software glitch came to light in November, after which, according to Airbus,
approximately 6,000 aircraft required a software update. Earlier this month,
aircraft of the same type were inspected due to a "quality issue" with
metal plating.

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