European airplane manufacturer Airbus has signed a deal this week to sell 300 Airbus aircraft to China Aviation Supplies Holding Company, including 290 A320 planes and 10 A350, French presidency Emmanuel Macron has said in a press statement. The deal is worth about 30 billion Euros at catalog prices, but airplane manufacturers usually grant significant discounts on large deals.

“The conclusion of a big (aviation) contract is an important step forward and an excellent signal in the current context,” French President Emmanuel Macron said in a joint address with his Chinese counterpart Xi Jinping.

Photo by Alex Cheban.