CHINA / National

China to buy 80 Boeing jets
Updated: 2006-04-12 08:33

Boeing Co. said Tuesday it had struck a tentative agreement to sell China 80 narrow-body 737 airplanes.

The deal is valued at $4.6 billion (euro3.8 billion) at list prices, although customers typically negotiate big discounts. It is expected to be finalized with individual Chinese carriers in the next few weeks.

The agreement is in addition to 70 airplanes China agreed to buy from the Chicago-based jetmaker in November, as part of a planned 150-plane purchase.

It was announced amid high-level meetings between Chinese and U.S. officials, and comes a week before Chinese President Hu Jintao is scheduled to visit the United States. His trip includes a tour of Boeing's Everett, Washington. plant.

In December, China agreed to buy 150 of rival Airbus SAS' jets, in a deal valued at more than $9 billion (euro7.4 billion) at list prices.


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