China Airways shut to separate order for 20 passenger jets between Airbus and Boeing.

Information through Reuters:

• Taiwan’s China Airways is near deciding a multi-billion-dollar order for long-distance passenger jets, doubtlessly break up between Airbus and Boeing.
• The order for freighters remains to be into consideration, influenced partly by the U.S. presidential election end result.
• The choice follows Donald Trump’s return to the U.S. presidency, with Taiwan aiming to keep up robust U.S. ties.
• The airline is contemplating Boeing’s 777X and Airbus A350-1000 to switch its 10 Boeing 777-300ERs and help future growth.
• Trade sources point out China Airways may order as much as 20 passenger jets, presumably break up between Airbus and Boeing, with the deal estimated at almost $four billion after reductions.
• The ultimate choice awaits board approval.
• China Airways acknowledged that fleet planning relies on market demand, company growth, and technical and business evaluations.
• Airbus and Boeing declined to touch upon the matter.
• Plane offers typically consider political issues, particularly for Taiwan, which faces stress from China over sovereignty claims.
• The U.S. is a key backer and arms provider to Taiwan, regardless of no formal diplomatic ties, and the Taiwan authorities is almost all proprietor of China Airways.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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