China snubs Boeing to strike huge new deal with Airbus
China has snubbed troubled aircraft maker Boeing after three of its national flag carriers placed orders worth $37bn (£31bn) with rival Airbus.
China Eastern Airlines has agreed to buy 100 A320neo narrow-body jets from Airbus, while Air China will take 64 units and its Shenzhen Airlines subsidiary is acquiring 32 more.
China Southern Airlines said earlier it would buy 96 A320neos and lease additional planes.
The combined order of 292 planes is one of the…