The orders deliver a much needed boost for Airbus, which has suffered setbacks in recent weeks, with software glitches temporarily causing a global recall of its most profitable jets and quality issues emerging on some newly made aircraft. The most recent issue prompted Airbus to trim its 2025 delivery target to roughly 790 planes, 30 fewer than planned, but is likely to largely meet its revised goal.
The provisional order follows agreements with privately-run Spring Airlines Co and Juneyao Airlines Co for a combined US$8.2 billion, according to Bloomberg calculations, before customary industry discounts are applied.
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