China buys 60 Airbus planes

Suzie Neuwirth

China has agreed to purchase 60 planes from European airplane maker Airbus, in a deal valued at around $8m.

The transaction was one of a series of France-China agreements signed in the presence of French President Francois Hollande and Chinese President Xi Jinping during the former’s visit to China.

Last year the EU ordered foreign airlines to pay for carbon emissions and China blocked orders for Airbus planes in retaliation. Today’s agreement is seen as progress in relations between the two sides.

“These eco-efficient Airbus aircraft will contribute to the growth and success of China’s aviation sector,” said Fabrice BrĂ©gier, president and CEO of Airbus.