
Hong Kong (CNN Business)As Boeing struggles with the 737 Max crisis, its big rival Airbus has announced a huge order from China.
The European plane maker said Monday that it has reached a deal to sell 300 passenger jets to Chinese airlines. The agreement was signed during Chinese President Xi Jinping’s visit to France.
The order covers 290 planes from the A320 family and 10 from the A350 line, Airbus (EADSF) said in a statement. The company said the agreement showed strong demand from all areas of China’s rapidly expanding aviation market, including “domestic, low cost, regional and international long haul.”