Chinese airlines buy 292 planes from Airbus for total of $37 billion ...Middle East

BEIJING: Four Chinese airlines will buy a total of 292 planes from Airbus in a $37 billion windfall for the aviation giant, the carriers said in separate statements Friday.China Eastern said it had agreed to purchase 100 A320neo jets and China Southern said on the same day that it would buy 96 of the same model.Air China and its subsidiary Shenzhen Airlines also confirmed the purchase of a combined 96 A320neo planes, according to separate filings.The orders come after a bumper year for Airbus, which posted record profits for 2021 after a two-year pandemic slump, giving the company a further boost over US rival Boeing.Airbus confirmed the sale in a statement on Friday, saying the deals showed

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