CHINA: Airbus in US$3 billion deal with China bank

Airbus has signed an agreement with the Industrial & Commercial Bank of China (ICBC) to provide financing to supply 70 A320 jets to mainland purchasers, according to a report in the Financial Times. The total value of ICBC support would exceed US$3 billion.


A320 Airbus Industrial & Commercial Bank of China US$3 billion deal


Airbus has signed an agreement with the Industrial & Commercial Bank of China (ICBC) to provide financing to supply 70 A320 jets to mainland purchasers, according to a report in the Financial Times. The total value of ICBC support would exceed US$3 billion.