Chinese Leasing Firm Places Major A320 Order
Under the terms of a new contract signed Wednesday, the A320 final assembly line in Tianjin will continue to run until at least 2025. (Photo: Airbus)
Under the terms of a new contract signed Wednesday, the A320 final assembly line in Tianjin will continue to run until at least 2025. (Photo: Airbus)

China’s ICBC Leasing has signed a firm order with Airbus covering a total of 50 A320-family narrowbodies, including 30 current-generation A320s and 20 A320neos. Worth as much as $4 billion based on list prices, the deal comes as China continues to exert pressure over Europe’s emissions trading scheme (ETS) by withholding final approval of other Airbus sales in the People’s Republic.