China to buy 60 Airbus jetliners

BEIJING — China has signed an agreement to purchase 60 Airbus jetliners during a visit to Beijing by French President Francois Hollande.

Airbus said that Thursday’s agreement covers the purchase of 42 A320s and 18 A330s. The announcement gave no details of price or when the aircraft would be delivered.

Toulouse, France-based Airbus and its American rival Boeing Co. expect China to grow to rival the United States as their biggest market over the coming two decades.

China’s purchases of foreign aircraft are dictated by the government, which makes those big-ticket items political leverage. Purchases often are announced in connection with high-level official contacts.

France reported a $34 billion trade deficit with China last year and accounts for less than 2 percent of Chinese foreign trade.

More in Herald Business Journal

The FCC chairman moves to repeal ‘net neutrality’ rules

His plan would allow internet providers to control broadband speeds and favor their own services.

Boeing bolsters team for potential 797 with leading engineer

Terry Beezhold has been chief project engineer for the 777X program.

Tom Hoban
Are millennials warming up to life in suburbia?

They dominate the apartment market and their wants need to be accounted for, says columnist Tom Hoban.

Camano artist mixes flask, paintings for successful cocktail

Art flasks prove popular as bachelorette gifts, birthday presents and wedding favors.

Fluke’s T6 Electrical Testers receives Innovation Awards honor

Fluke’s T6 Electrical Testers have received top honors in the Tools and… Continue reading

Everett volunteer named ‘community champion’ by Molina Healthcare

Everett’s Jorge Galindo was one of seven people across the state to… Continue reading

Big Tobacco’s anti-smoking ads begin after decade of delay

Experts say the campaign will not reach people when they are young and most likely to start smoking.

Cascade Valley Health to hold Festival of Trees in Arlington

Cascade Valley Health Foundation will be holding their fifth annual Festival of… Continue reading

7-Eleven program helped add 500 trees, shrubs to Everett park

Last month, 7-Eleven helped plant more than 500 trees and shrubs at… Continue reading

Most Read