Slap a 500 on It: China Mulls Gigantic Airbus Jet Purchase
Airbus jets acquisition planned by China in bulk order
Get the Tea: Speak easy now — word on the street is China might soon serve up a massive aircraft order to European aircraft manufacturer, Airbus. Insiders reckon China's airlines are eyeing a whopper of a deal, potentially ordering up to 300 narrow-body and wide-body planes from Airbus, maybe as soon as next month during European heads' state visit in Peking, according to Bloomberg News, quoting folks in the know[4]. The wildcard here? Word has it that the orders could swell to a colossal 500 aircraft[5]. Now, that's a lot of winged steeds!
Got a hunch you've heard whispers of this frenzy before? Yep, Reuters spilled the beans back in April, suggesting China could scoop up to 500 jets[6]. History shows China's got a knack for dropping those bad boys during state visits. But remember, these talks tend to dance 'till the very end and it ain't always a done deal, given the unsettled trade game[7]. Sure, analysts predict China's in a bind, having snubbed some major jet orders for years[8]. However, Airbus has kept mum on the issue.
So, don't expect the cat to be out of the bag until them European bigwigs set foot in Peking, if the rumors prove true. But for now, it's just her-say[4][5][6][7][8]. Stay tuned!
References 1. Bloomberg 2. Reuters 3. CNN Business 4. Bloomberg, "China Seen Considering Order for Up to 300 Airbus, Boeing Jets," (Bloomberg, 2020) 5. Reuters, "China eyes order for up to 500 Airbus jets - sources," (Reuters, 2020) 6. Reuters, "Exclusive: China mulls deal to buy up to 500 jets from Airbus - sources," (Reuters, 2020) 7. CNBC, "Markets roil as Sino-U.S. tensions threaten global economy," (CNBC, 2019) 8. Reuters, "China needs more than 7,000 planes over 20 years: CAAC," (Reuters, 2019)
The community might need to update its policy concerning potential financial investments in the aerospace industry, considering the speculated purchase of up to 500 Airbus jets by China. This possible deal highlights the importance of vocational training programs for the aviation sector, as the industry would require more skilled workers to support increased production.
