Boeing to sell 300 jets to China, build plant
The aircraft deals, potentially worth tens of billions of dollars in total, are collectively the largest order the aerospace firm has received from Chinese companies.
China's ICBC Financial Leasing Co, a unit of the Industrial and Commercial Bank of China, on Wednesday separately confirmed it will buy 30 of Boeing's 737-800 jets, worth $2.88 billion at list prices.
China Aviation Supplies Holding Company and China Development Bank Leasing are the other two customers for the aircraft, said Xinhua.
Boeing, which is locked in a fierce battle for plane orders with European rival Airbus, will build its first aircraft completion plant outside the United States in China in order to gain a foothold in that important market, say industry observers.
Boeing raised its forecast for China's aircraft demand by 5 percent in August, saying that the country will need 6,330 planes over the next 20 years. ■